Patrick "J.P." Ford
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...
Development Activity Creates Pipe Dreams
With 3,645 projects/460,551 rooms, the 2014 total U.S. construction pipeline stands at its highest level in six years. After a three-year bottoming formation, the pipeline has now posted five consecutive quarters of double-digit year-over-year...
Market Boasts Near Perfect Conditions for Development
Favorable economic conditions, record-setting operating metrics, and a positive outlook for the next few years have combined to make this an opportune time for hotel developers. The hotel construction pipeline surged forward to a...
Recovery From the Great Recession is Complete
In the lodging industry, the recovery from the Great Recession is complete. In Q2 2014, the construction pipeline posted a double-digit gain year-over-year (YOY) for the third consecutive quarter. At Q2 2014, the pipeline...
Average Selling Price Per Room on the Rise
The competition for properties in certain markets is heating up among buyers, as REITs and private equity groups with similar strategic objectives compete for large, high-end hotels in the central business districts of major...