Tag: finance
CoStar: U.S. Hotels Show Overall Lower Performance
WASHINGTON—U.S. hotel performance declined from the previous week and showed lower comparisons year over year, according to CoStar’s latest data through August 5, 2023....
STR and TE Revise U.S. Hotel Forecast, Lower Growth Projections
NASHVILLE—STR and Tourism Economics lowered their year-over-year growth projections in the revised 2023-2024 U.S. hotel forecast presented at the Hotel Data Conference.
For 2023, growth...
CBRE: U.S. Commercial Real Estate Prices Show Signs of Stabilization
DALLAS—Commercial real estate prices are showing signs of stabilizing as inflation moderates and the Federal Reserve nears the end of its interest rate hiking...
Choice Hotels Shares Second-Quarter 2023 Results
ROCKVILLE, Maryland—Choice Hotels International, Inc. reported its second quarter 2023 results. Highlights of second quarter 2023 results include:
Total revenues reached $427.4 million for the...
IHG Shares First Half Results; Reveals New Midscale Brand
InterContinental Hotels Group PLC released interim results for the first half of the year ending June 30, 2023, and reveals information about a new...