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Ashford Completes $142 Million Sale

Ashford Completes $142 Million Sale

DALLAS—Ashford Hospitality Trust, Inc. announced today that it has completed its previously-announced sale of a 5-hotel, 1,396-room portfolio of select-service hotels for $142 million in cash ($102,000 per key) to Noble Investment Group. The 5-hotel portfolio is comprised of the ...

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Committed Occupancy Grows in May

Committed Occupancy Grows in May

NEW YORK—The spring booking bounce is spreading this season, with 22 of the top 25 North American markets showing committed occupancy growth compared to last month. In addition, committed occupancy for the second quarter of 2016 through the first quarter ...

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U.S. Hotel Revenue Growing, But Slowing

U.S. Hotel Revenue Growing, But Slowing

ATLANTA—U.S. hotel revenue growth is slowing down, while expenses are on the rise. According to CBRE Hotels’ Americas Research’s 2016 edition of Trends in the Hotel Industry, operating performance continued to improve in 2015, but at a much slower pace. ...

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Navigating Markets in Flux

Navigating Markets in Flux

While there are plenty of industry folks forecasting the imminent end of the current lodging cycle, the street-corner nature of this business means that the particular dynamics driving this cycle feel very different from one area to the next. In ...

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Fitch: U.S. Lodging in Twilight of Latest Upcycle

Fitch: U.S. Lodging in Twilight of Latest Upcycle

NEW YORK—The U.S. lodging industry is in the twilight of the current upcycle, according to Fitch Ratings. The recovery is now the second longest on record, with trailing 12-month (TTM) RevPAR positive for 68 consecutive months. Fitch is not forecasting ...

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