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Summer Season Boosts Travel, Delivering Record Performance; Investor Caution Rising Amid Mixed Economic Outlook Hotel sector delivers record performance. Historically low unemploy-ment is contributing to higher wages and elevated consumer confidence, supporting record travel this year. Sentiment is...
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Trade War Escalates As White House Implements More Tariffs; China Retaliates Trade talks with China break down; protectionist policies accelerating. Following over a year of discussion with China, trade talks broke down, prompting the White House to raise tariffs to 25 percent on $200 billion of...
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National Economy Companies are seeking to expand operations this year, though finding qualified workers remains a challenge. Employers will enhance compensation packages to attract top talent, boosting wage growth, which should coincide with more leisure travel. Economic growth will be sustained...
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Supply Boom Weighs on Occupancy in Dallas; Smaller Metros Attract Buyers Occupancy declines in major Texas markets amid growing hotel supply and readjustments from the hurricane. Hurricane Harvey lifted occupancy considerably in 2018. The rate will fall slightly this year as room nights adjusted...
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Conservative Investor Outlook Extends Real Estate Cycle as Economy Approaches 10th Year of Growth. Investors kick off 2019 with a favorable, though more cautious, outlook; Sentiment on par with past peak. By Beth Mattson-Teig Investors coming off another robust year of investment sales activity...
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Holiday Season Brings Increased Travel to Hotel Sector; Investors Target Limited Service Properties Holiday travel ramps up as summer season concludes. A strong summer travel season supported further occupancy and revenue growth in the hospitality sector through the third quarter of this year...
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Hotel Room Demand Escalates in Smaller Metros/Towns, Fueling Occupancy And Boosting Investor Interest Rising travel predictions favor hotel sector. The accelerating economy, supported by strong employment growth and rising confidence levels, bodes well for hotel property performance. Consumer and...
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Nebraska, Minnesota Lead Regional Occupancy Gains Oil industry rebound may support improvement in North Dakota moving forward. Occupancy declined slightly through-out the Upper Midwest region during the past 12 months ending in June as rates plummeted in several states. Iowa, North Dakota and South...
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Houston’s Recovery Bodes Well For Hotel Property Performance A variety of forces are propelling hotel occupancies in Texas. The state continues to generate strong occupancy and RevPAR gains, primarily led by the Houston market. Though Hurricane Harvey boosted occupancy and revenue metrics as dis-...
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Midwest Metros Invest in Event Space; Buyers Look Outside Main Cities More people travel to region for business functions and large-scale celebrations. Hotels in the seven-state region of the Upper Mid-west performed well this past year as more individuals traveled to the area to attend major...
