Tag: finance & development
Uptick in Profit: Group Demand and F&B Revenues Drive Gains
After hitting record lows during early points of the pandemic, last year finally presented long-awaited profitability returns for the U.S. hotel industry. Strong demand,...
Hoteliers Eyeing Interest Coverage: Challenge Increases This Year as Higher Rates Prevail in the...
According to CBRE’s February 2023 Investment Performance forecast, total revenues for the average U.S. hotel returned to 2019 levels in 2022, but the recovery...
The Lending Landscape: Best Practices to Obtain Funding Amid a Hotel Financing Slowdown
With interest rates not expected to decline until mid- to late 2024, hoteliers are still navigating market conditions that are characterized by a higher...
STR: U.S. Hotel Performance Grows Year Over Year
HENDERSONVILLE, Tennessee—U.S. hotel performance showed mixed results from the previous week but grew year over year, according to STR's latest data through May 6,...
IHG Reports Q1 2023 Trading Update
IHG Hotels & Resorts released its Q1 2023 trading update. Highlights from the results include:
Q1 group RevPAR up 33 percent versus 2022 with Americas...