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Low Levels of New Supply Boost U.S. Lodging

Low Levels of New Supply Boost U.S. Lodging

CHICAGO—Fundamentals across the U.S. lodging sector remain unusually strong in the context of a cycle that turned 59 in July, based on consecutive months of positive TTM RevPAR, according to Fitch Ratings. TTM RevPAR was up 8 percent at the ...

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Hotel Earnings More Robust as Transactions Increase

Hotel Earnings More Robust as Transactions Increase

The halfway point of 2015 marked further growth for the lodging industry. Hotel transaction volume increased modestly during the first half of 2015 as privately held equity funds and hotel companies continued their disposition strategies. From January to June of ...

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Caribbean Hotels Continue Double-Digit NOI Growth

Caribbean Hotels Continue Double-Digit NOI Growth

ATLANTA—Caribbean hotels are enjoying their continued run of double-digit net operating income (NOI) growth according to the newly released 2015 edition of Trends in the Caribbean Hotel Industry by PKF Consulting (PKFC), a CBRE Company. According to the report, the ...

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La Quinta Sells 24 Properties

La Quinta Sells 24 Properties

IRVING, Texas—La Quinta Holdings Inc. today announced that it has signed a definitive purchase and sale agreement to sell 24 owned hotels. This portfolio is geographically dispersed and the vast majority of these hotels will be removed from the La ...

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Hotel Budget Accuracy Benefits All

Hotel Budget Accuracy Benefits All

Since 2001, PKF Hospitality Research, a CBRE Company (PKF-HR), has assessed the accuracy of hotel budgets. Over the past 14 years, a trend has become very predictable: In times of industry prosperity, hotel budgets are consistently accurate. During the depths ...

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