CBRE Updates Forecast, Predicts 37 Percent RevPAR Decline for 2020
This week, CBRE released an updated 2020 outlook that analyzes the impact of the COVID-19 pandemic on hotel performance and provides insights into recovery...
Canyon Partners Real Estate LLC Provides Senior Loan for Moxy Charlotte
CHARLOTTE, North Carolina—Canyon Partners Real Estate LLC announced it has provided a $51.5 million senior loan to TMGOC Ventures, a partnership between Opterra Capital...
Marcus & Millichap Report Forecasts Hospitality Investment for 2018
Marcus & Millichap recently released its 2018 Hospitality North American Investment Forecast. The report highlights emerging trends that are impacting hospitality investments, regional metrics...
Mumford Company Announces Three Quarters of Completed Sales Transactions
NEWPORT NEWS, Virginia—Mumford Company, a full-service hospitality brokerage advisory firm since 1978, announced it completed three quarters of sales transactions in 2022.
"We are still...
CoStar: U.S. Hotel Performance Reached Highest ADR and RevPAR on Record in 2023
WASHINGTON—The U.S. hotel industry posted its highest average daily rate (ADR) and revenue per available room (RevPAR) on record, according to 2023 data from...
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Choice Hotels Publishes 2023 ESG Report
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. published its 2023 Environmental, Social, and Governance Report. The report details Choice's latest initiatives to drive sustainability across...
World of Hyatt Platform Adds More Than 700 Properties From Mr & Mrs Smith
CHICAGO—Hyatt Hotels Corporation announced that World of Hyatt is offering members access to earn and redeem at a collection of more than 700 boutique...
Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there...
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