Tag: finance
STR: Miami and Qatar Led Hotel Profit Recovery in 2022
LONDON—Miami and Qatar led the major global markets in hotel profit recovery for 2022, according to STR's full-year P&L data release.
Both markets’ gross operating...
CBRE: Commercial Real Estate Lending Activity Slowed in Q4 2022
DALLAS—Heightened market volatility amid higher interest rates continued to slow commercial real estate lending activity in the final quarter of 2022, according to the...
The Mogharebi Group Arranges Sale of the Inn at Avila
COSTA MESA, California—The Mogharebi Group (TMG) has arranged the sale of the Inn at Avila, a 32-room beachfront hotel property in the Central Coast...
A Brighter Outlook: CBRE Forecasts Enhanced RevPAR Growth in 2023 Despite Economic Headwinds
Despite projections of persistent inflation and a moderate economic recession, CBRE’s November 2022 Hotel Horizons forecast calls for a 5.9 percent RevPAR increase in...
LivAway Suites Arranges Debt Financing for First National Locations
SALT LAKE CITY, Utah — LivAway Suites, a new economy extended-stay concept, has arranged $85 million in debt financing through Keystone National Group for...