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Apple Hospitality REIT Favors Steady Approach to Growth

Apple Hospitality REIT Favors Steady Approach to Growth

In February, Apple Hospitality REIT released its 2015 earnings report. To be brief, last year was a very good year for the company. Comparable revenue per available room (RevPAR) grew 6.5 percent, adjusted earnings before interest, taxes, depreciation, and amortization ...

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The Rising Cost of Money

The Rising Cost of Money

Troubling events in the global economy—stock market volatility, weak growth in China, and plunging oil prices, among others—coupled with a moderate slowdown in industry growth, have hoteliers more cautious regarding new business opportunities. However, hiccups in the global economy do ...

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Hospitality Trends Investors Need to Track in 2016

Hospitality Trends Investors Need to Track in 2016

Despite choppy growth, the current business cycle has lasted longer than average, surpassing 78 months. In 2014 and 2015, the economic growth rate was about 2.4 percent, and it’s expected to fall within the 2 to 2.5 percent range this ...

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CBRE Group Undergoes Rebranding

CBRE Group Undergoes Rebranding

LOS ANGELES, Calif.—CBRE Group, Inc., a full-service real estate and investment organization, today announced the completed rebranding and integration of PKF Consulting USA, PKF Hospitality Research, and PKF Consulting Inc. (Canada) into its portfolio of global real estate services. Effective ...

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Atlantic City’s Borgata Invests $50 Million into Improvements

Atlantic City’s Borgata Invests $50 Million into Improvements

ATLANTIC CITY, N.J.—Atlantic City’s market-leading resort destination, Borgata Hotel Casino & Spa has announced plans to invest over $50 million into the improvement of its property throughout 2016. Borgata will commit significant capital investment across a broad range of projects—including ...

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