Tag: lodging daily news
Gunmen Storm Ambassador Hotel in Somalia
Suspected Al-Shabaab gunmen set off an explosion and invaded the Ambassador Hotel in Somalia's capital of Mogadishu yesterday. Security officials say 13 people and all three attackers...
A Look at May REIT Lodging Trends
The lodging sector is poised to move up materially in 2016, Canaccord Genuity reports. That being said, the financial services firm prefers names with...
May Franchise Employment Rises from April
Although franchise employment growth was up one-third compared to April, the numbers were still below the average 27,000 jobs that have been added each...
Hotel Room Supply Could Increase Loan Risk
Burgeoning hotel room supply could increase risk for the $3.68 billion of CMBS loans backed by Manhattan hotels, according to Morningstar Credit Ratings. Weakening...
NYC, Houston Numbers Could Indicate Downturn
Although most hotel markets displayed record-setting profits in 2015, cities like New York and Houston aren’t faring as well. New York contends with a...
