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Puerto Rico Devastated by Hurricane Maria

Yesterday morning, Hurricane Maria made landfall on Puerto Rico’s southeastern coast as a Category 4 storm. It lingered for 10 hours, knocking out power and water for the entire island, which has yet to be restored. Puerto Rico is also ...

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Hotel Capitalization Remains Strong

COLUMBUS, Ohio—U.S. Realty Consultants, Inc. has released its Mid-Year 2017 Hotel Investor Survey, which shows strength and stability in the hotel sector, but with a dose of caution regarding future growth. Discount rates were largely flat since the last survey ...

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Filing Insurance Claims for Hurricane Damage

Between Harvey and Irma, the damage so far this hurricane season has interrupted business at hotels across Texas and the U.S. Southeast, leaving many hoteliers struggling to arrange repairs and reopen properties. Complicating that process further is the fact that ...

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Demand for Boutique May Not Slow Large Hotel Development

Greater demand from travelers for unique experiences has driven some success for boutique properties and prompted an increase in large hotel companies launching soft brands to respond to guests’ changing tastes. However, this trend has not put an end to ...

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Hotel Construction Increasing in the Middle East

PORTSMOUTH, NH—Analysts at Lodging Econometrics report that the total number of hotel construction projects in the Middle East is up 13 percent year over year (YOY), and currently at 561 projects/154,627 rooms. The number of rooms under construction is up ...

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European Hotel Construction Is Up 25 Percent

PORTSMOUTH, NH—Europe’s hotel construction pipeline has 1,186 projects and 185,799 rooms, up 25 percent by projects year-over-year (YOY), according to Lodging Econometrics. The number of projects under construction is up 32 percent since last year to 559 projects and 94,170 ...

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