Tag: finance
Marriott Sells the Westin Maui Resort & Spa
Marriott International today announced it has completed the sale of its long-term leasehold interest in The Westin Maui Resort & Spa, Ka’anapali for approximately...
Why Independent Hotels Are Thriving
The data has spoken. In 2016, sweeping uptakes in occupancy, average daily rate (ADR), and revenue per available room (RevPAR) revealed that independent hotel...
The Rising Cost of Rooms
Changes in rooms revenue per available room (RevPAR) and RevPAR penetration receive a lot of attention from hotel managers. Obviously, this is because renting...
A Look at Airport Hotels’ Solid Performance
STR counts approximately 2,300 hotels located in or near an airport throughout the United States. In 2015, these hotels had approximately 322,000 rooms available...
Why Chinese Investors Are Enticed by U.S. Hotels
In the last five years, Chinese investors have poured billions of dollars into the U.S. real estate market. Amid concerns over economic uncertainty and...