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Hoteliers on Alert After Q1 Occupancy Decline

Hoteliers on Alert After Q1 Occupancy Decline

ATLANTA—The U.S. hotel market suffered a 0.5 percent decline in occupancy during the first quarter of 2016. This is the first year-over-year decline in occupancy since the fourth quarter of 2009 according to STR. Based upon the recently released June ...

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The Developing Story: San Diego

The Developing Story: San Diego

Everybody’s seen the ads—actors, surfers, musicians, and models swimming, hiking, or lounging by a pool, all while encouraging people travel to California. These Visit California ads are having an affect in at least one city in the Golden State—San Diego. The ...

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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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