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Extended-Stay Occupancy Rises Despite New Supply

For the past four quarters, demand grew faster than supply for extended-stay hotels in the United States. Continuing that trend, extended-stay occupancy reached one of its highest second-quarter levels in 17 years, according to The Highland Group’s 2018 Mid-Year Extended-Stay ...

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Extended-Stay Segment Remains Strong, Despite New Supply

Extended-Stay Segment Remains Strong, Despite New Supply

Conversations in the hospitality industry in 2017 revolved around the impact of new supply and slowing average daily rate (ADR) growth. The extended-stay segment has not been spared from new supply, but it has continued to post strong performance results. ...

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U.S. Hotel Industry Grows at Half the Rate of U.S. Economy

U.S. Hotel Industry Grows at Half the Rate of U.S. Economy

Durham, NH—Business activity for U.S. hoteliers held steady at the previous month reading of 118.8 in September, according to e-forcasting.com’s Hotel Industry’s Pulse (HIP) indicator—a predictive analytic which gauges monthly overall business conditions for hotels. The HIP stalled, posting a ...

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Significant Supply Headed to Major U.S. Markets

Significant Supply Headed to Major U.S. Markets

DENVER—Many of the top U.S. hotel markets realized record performance figures in 2015, continuing an upward trend that has brought about an unprecedented amount of proposed hotel supply. HVS’s annual Hotel Market Connections conference series, which concluded Thursday, June 16, ...

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Hotel Room Supply Could Increase Loan Risk

Burgeoning hotel room supply could increase risk for the $3.68 billion of CMBS loans backed by Manhattan hotels, according to Morningstar Credit Ratings. Weakening demand could lead to a dip in key performance indicators over the next two years, and, ...

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Transaction Action: Lodging Conference Recap

Transaction Action: Lodging Conference Recap

The lodging industry is riding the tailwinds of low supply, increasing demand, rising hotel values, higher average daily rate, and healthy transaction volume. To date this year, U.S. hotel values have surpassed the 2006 peak and will continue to grow. ...

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