RevPAR
$300M Luxury Hotel Anchors Houston Tower Project
The Post Oak Hotel at Uptown Houston is part of a 10-acre mixed-use development featuring restaurants, retail, office and event space, including the Uptown/Galleria area’s largest ballroom and 35,000 square feet for conferences and meetings.
RLJ Sells Luxury Boston Hotel for $170M
The historic Fairmont Copley Plaza, which dates back to 1912, sold for $444,000 per key, representing a 4.6 percent cap rate on the hotel’s 2017 NOI.
Economy Watch: US Hotels to Grow at Slower Pace in 2018
Excess supply is a major reason why 50 of the 60 top markets CBRE Hotels’ Americas Research highlighted in the firm’s latest report are projected to see a declined in occupancy in 2018.
Economy Watch: Hotel Development Still Strong
Hotel planning and construction in the U.S. grew again in May, with more than half a million rooms under contract across nearly 5,000 projects, according to a recent STR report.
Economy Watch: Hotels Enjoy a Bang-Up First Quarter
Hotel occupancy, average daily rate and revenue per available room all gained ground in the first quarter of 2017, STR recently reported, but an increase in development for the quarter could put pressure on pricing power.
Economy Watch: Hotel Metrics Stabilize in 3Q
While the U.S. lodging sector has done well in recent years, there’s some evidence the industry is beginning to plateau, a new JLL report notes.
- « Previous
- 1
- 2
- 3