Articles
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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New Tax Law Invigorates Value-Add Options in Hospitality Sector; Elevated Occupancies Reinforce Revenue Gains Economy gets a boost from tax reform. Economic growth surpassed 4 percent in the second quarter, lifted by strengthened consumption and business investment. The new tax law has stimulated...
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Hurricane Boosts Hotel Performance; Supply Additions Bring Challenges Robust pace of completions softens major metros’ occupancy. Texas hotels ended 2017 on a high note as residents displaced by Hur-ricane Harvey sought temporary housing, filling rooms across the state and boosting occupancy and...
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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...
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National Economy The new tax law could play a signifi cant role in shaping both the economy and hospitality demand in 2018. A reduction in the corporate tax rate will be a windfall for corporations, encouraging several companies to increase investment in hiring, wages and business travel as a means...
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