Hotel Management

JUNE 15, 2023

Following this wave of additions, higher debt cost and construction costs are anticipated to suppress the development pipeline, with activity being largely limited to key strategic sites usually having mixed use appeal. In addition, the new wave of supply is anticipated to play a role in driving rate performance over the next two years.

Hotel Marketing 276

Hotel Marketing Average Daily Rate Market Marketing 276

Hotel Business

AUGUST 11, 2023

Hotel The global average daily rate (ADR) for hotel bookings exceeded earlier predictions, rising 29.8% Occupancy rates have been high, but so have labor, energy, and food and beverage costs. Meanwhile, hotel construction remains down from its pre-pandemic peak, creating supply constraints. YoY to $174.

Events 98

Events Business Travel Forecasting 98

Hotel Management

OCTOBER 3, 2023

Market challenges Upward pressure on construction costs There’s no doubting the last few years have been challenging ones for the property sector, which has experienced significant increases in the price of commercial construction since the pandemic.

Scale 130

Scale Construction Average Daily Rate Hotels 130

MBA Hotels

SEPTEMBER 12, 2018

According to STR, high occupancy levels should provide leverage to achieve attractive ADR increases for the next two years in select markets” If you have been considering investing in a hotel purchase, now is a great time to do so. New construction also carries far greater risks than buying a performing hotel.

Net Operating Income 40

Net Operating Income Average Daily Rate Closing Hotels 40