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U.S. hotel performance

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...
closings

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...
U.S. hotel performance

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...
INTREST RATES

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...
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