Tag: finance
CoStar: U.S. Hotel Performance Increases Weekly but Declines Yearly
WASHINGTON—U.S. hotel performance increased from the previous week but declined year over year, according to CoStar's latest data through March 9, 2024.
U.S. Hotel Performance
March...
Mumford Company Starts 2024 With Multiple Transaction Closings
NEWPORT NEWS, Virginia—Mumford Company announced it had a strong start in 2024, with multiple transactions closing in the first quarter of 2024.
"The Federal Reserve's...
CoStar: U.S. Hotels Show Mixed Performance Results
WASHINGTON—U.S. hotel performance showed mixed results over the previous week, according to CoStar's latest data through March 2, 2024.
U.S. Hotel Performance
February 25-March 2, 2024
Percentage...
Placemakr Cathedral Heights Launches as Brand’s Newest Pop-Up Hotel
WASHINGTON—Placemakr announced the launch of its latest hotel, Placemakr Cathedral Heights, a pop-up at Upton Place. Launching in partnership with Donohoe and Aimco, the...
Hotel Transaction Downtrend: Interest Rates Played Major Role in Soft 2023 U.S. Market
The “higher-for-longer” interest rate environment had a chilling impact on the U.S. hotel transaction market in 2023. After a strong 2022, only $22 billion...