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Tag: Q3 2023

hotel construction

CBRE: Commercial Real Estate Lending Market Is Stabilizing

DALLAS—The commercial real estate lending market is beginning to stabilize, with borrowing costs appearing to have peaked, even as transaction activity remains subdued, according...

Choice Hotels Shares Q3 2023 Results

ROCKVILLE, Maryland—Choice Hotels International, Inc. reported its Q3 2023 results. Highlights include: Total revenues were $425.6 million for the third quarter of 2023, a third-quarter...

Accor Reports Q3 2023 Results

ISSY-LES-MOULINEAUX, France—According to Accor, hotel demand remained strong throughout Q3 2023, with RevPAR up 15 percent compared with the prior year despite a high...

Lodging Econometrics: Dallas Continues to Lead the U.S. Construction Pipeline

PORTSMOUTH, New Hampshire—As seen in the third quarter United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the top five markets with the...

Wyndham Hotels & Resorts Reports Q3 2023 Results

PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended September 30, 2023. Highlights include: Global RevPAR grew 3 percent compared to...
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