Banyan Group announces initial closing of $20 million fund
HOTEL INVESTMENT AND management company Banyan Group, an Investment company announced the initial closing of $20 million Banyan Lodging Enhanced Value Fund, also known...
Baird/STR Index fell 7.6 percent in November
HOTEL STOCK PRICE volatility dragged the Baird/STR Hotel Stock Index in November. Both the hotel brands and hotel REITs significantly underperformed their respective benchmarks...
Highland Group: Slight decline in U.S. extended-stay hotels’ performance in October
MOST RECOVERY INDICES of U.S. extended-stay hotels declined slightly in October compared to the month before, according to hotel investment advisors Highland Group. Economy...
Peachtree Hotel Group acquires two Florida hotels
PEACHTREE HOTEL GROUP recently acquired two upscale hotels in Florida. They are the 207-key AC Hotel Miami Aventura and the 233-key Aloft Miami Aventura,...
STR: U.S. hotel profits up in October from previous month
PROFITS ROSE IN October for U.S. hotels on a month-to-month basis, according to STR. However, the numbers are still down versus 2019, indicating a...
હોટસ્ટેટ્સઃ ઓમિક્રોન વરિયન્ટનને કારણે હોટેલ ઇન્ડસ્ટ્રીને અસર
કોવિડ-19ના નવા ઓમિક્રોન વરિયન્ટને કારણે હોટેલ ઈન્ડસ્ટ્રીને પણ અસર પહોંચી છે. હાલના સમયે જ્યારે અમેરિકા સહિતના દેશો મહામારીની માઠી અસરમાંથી બહાર આવી રહ્યાં છે...
પીડબલ્યુસીઃ 2022માં એડીઆરને કારણે રેવપાર 2019ના સ્તર સુધી પહોંચી શકે
અમેરિકાની હોટલોની ઓક્યુપન્સી અને એડીઆરમાં 2022 સુધી વધારો જોવા મળી શકે છે. રેવપારમાં પણ સુધારો જોવા મળ્યો છે, તેમ પીડબલ્યુસીનું માનવું છે. દરમિયાન, 2022ના...
STR: U.S. hotel performance breaks Thanksgiving week record
U.S. HOTELS HIT a new Thanksgiving holiday performance record in the fourth week of November, according to STR. All performance metrics were up during...
HotStats: Omicron variant could derail hotel industry’s recovery
THE OMICRON COVID-19 variant could derail the hotel industry’s fledgling recovery if countries like the U.S. move forward to tighten testing policies, according to...
PwC: ADR likely to drive RevPAR in 2022 close to 2019 levels
OCCUPANCY AND ADR in U.S. hotels will continue to grow in 2022, with a year-over-year rebound in RevPAR of 14.4 percent, around 93 percent...