Hotel Business

MAY 10, 2023

Pebblebrook Hotel Trust has closed on the sale of the 189-room Hotel Monaco Seattle for $63.3 For the trailing 12 months ended March 31, the hotel’s net operating income was $1.6 million, and its hotel EBITDA was $2.1 net operating income capitalization rate.

Net Operating Income 59

Net Operating Income Sales Operations Hotels 59

Hotel Business

MAY 26, 2023

Pebblebrook Hotel Trust has closed on the sale of the 125-room Hotel Vintage Seattle for $33.7 For the trailing 12 months ended March 31, the hotel’s net operating income was $800 thousand, and its hotel EBITDA was $1.1 net operating income capitalization rate.

Net Operating Income 52

Net Operating Income Sales Operations Hotels 52

Hotel News Resource

MAY 10, 2023

For the trailing twelve months ended March 31, 2023, the hotel’s net operating income was $1.6 million, and its Hotel EBITDA was $2.1 net operating income capitalization rate. million, with the $63.3 million sales price reflecting a 30.7x EBITDA multiple and a 2.5%

Net Operating Income 59

Net Operating Income Operations Sales Hotels 59

Hotel Business

FEBRUARY 29, 2024

31, 2023, the hotel’s net income was $2.3 million, its net operating income was $14.9 million and its hotel EBITDA was $16.7 capitalization rate on 2023 net operating income, or 12.3x 2023 hotel EBITDA. capitalization rate on 2023 net operating income, or 10.2x

Net Operating Income 59

Net Operating Income Sales Process Sales Closing 59

Hotel Business

MARCH 29, 2023

Pebblebrook Hotel Trust has closed on the sale of the 157-room Hotel Colonnade Coral Gables, Autograph Collection in Coral Gables, FL, for $63 million to a third party. 31, 2022, the hotel’s net operating income was $4.1 million, and its hotel EBITDA was $4.8 net operating income capitalization rate.

Net Operating Income 59

Net Operating Income Sales Operations Hotels 59

Hotel Business

FEBRUARY 23, 2023

Pebblebrook Hotel Trust has closed on the sale of the 151-room The Heathman Hotel in Portland, OR, for $45 million to a third party. 31, 2022, the hotel’s net operating income was $1 million, and its hotel EBITDA was $1.2 net operating income capitalization rate.

Net Operating Income 52

Net Operating Income Sales Operations Hotels 52

Hotel News Resource

MARCH 29, 2023

For the trailing twelve months ended December 31, 2022, the hotel’s net operating income was $4.1 million, and its Hotel EBITDA was $4.8 million.

Net Operating Income 52

Net Operating Income Operations Hotels 52

Hotel Business

APRIL 29, 2024

The sale price represented a 6% capitalization rate on trailing 12-month net operating income through March. All of the net proceeds from the sale will be used for general corporate purposes including paying down the company’s strategic financing. million KEYS A Loan Pool and the $174.4-million

Net Operating Income 69

Net Operating Income Sales Process Sales Operations 69

eZee Absolute

JUNE 5, 2023

Introduction In an industry as competitive and dynamic as hospitality, understanding the factors that drive profitability is crucial for the success of any hotel business. Improving your hotel’s bottom line starts with enhancing its profitability. But is it that easy to analyze the profitability of your property? Well, yes and no.

Net Operating Income 96

Net Operating Income Hotels Revenue Operations 96

Hotel Business

APRIL 11, 2024

Sunstone Hotel Investors Inc. has entered into a definitive agreement with an affiliate of Hyatt Hotels Corporation to acquire the fee-simple interest in the 630-room Hyatt Regency San Antonio Riverwalk. Sunstone is acquiring the hotel for a gross purchase price of $230 million.

Net Operating Income 76

Net Operating Income Closing Branding Management 76

Hotel Business

SEPTEMBER 12, 2023

IDeaS , a SAS company, has released the report “ Unlocking Hotel Performance: The Power of Revenue Management Technology Today ,” which includes key insights into how investors view revenue technologies, the role of artificial intelligence in hospitality and how technology is reshaping hospitality commercial organizations.

Revenue Management 59

Revenue Management Revenue Net Operating Income Management 59

Hotel Business

AUGUST 2, 2023

Chico was acquired from an individual owner-operator and is an independent resort, completely unencumbered by brand and management agreements. capitalization rate on 2022 net operating income (NOI). The purchase price for the resort and adjacent ranch is $33 million.

Resorts 52

Resorts Net Operating Income Real Estate ROI 52

MBA Hotels

MAY 18, 2020

The hotel industry has had a major shock to its system due to COVID-19 pandemic. Whether this has changed your plans to sell or hold a hotel in portfolio, you will want to know these pricing strategies. In today’s world of freely available information to compare investment options, every hotel buyer comes fully informed.

Net Operating Income 52

Net Operating Income Hotels Revenue Market 52

SiteMinder

OCTOBER 9, 2023

What are hotel metrics? Hotel metrics, often referred to as key performance indicators (KPIs), are essential data points that hoteliers use to measure the performance and success of their establishment. Table of contents What should be included in hotel metrics? It offers insights into room demand and helps in forecasting.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

Hotel Business

JUNE 22, 2023

Sean Hennessey, associate professor, NYU SPS Tisch Center of Hospitality, and a contributor to the report, added, “Although recessionary fears and unfavorable interest rates may dampen transaction activity, survey respondents remained confident that the improving operational trends will sustain the lodging sector’s trend of profit improvement.”

Net Operating Income 59

Net Operating Income Real Estate Consumer Hospitality 59

SiteMinder

JUNE 2, 2022

Key performance indicators (KPIs) permeate every successful hotel; it’s crucial that you know at all times how you’re tracking towards any key goals and objectives you have outlined for your business over a certain period of time. Run reports that detail data analysis and operational activities. Hotel revenue. Hotel profit.

KPI 52

KPI Revenue Occupancy Hotels 52

MBA Hotels

SEPTEMBER 12, 2018

Nationally, hotel performance is growing and the hotel transactions market is strong. According to Hotel Management, “The hotel industry is predicted to grow comfortably through 2018 and for the next two years. 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

Hotel Business

FEBRUARY 8, 2024

MCR has refinanced a 16-hotel portfolio for $333 million, generating $51 million of net proceeds. In less than three years, MCR doubled the portfolio’s net operating income, increasing it from $15 million at acquisition to $36 million. cap rate on MCR’s cost basis in the hotels. This represents a 9.4%

Net Operating Income 59

Net Operating Income Hotels Operations Market 59

Hotel Operations

MARCH 15, 2023

Jacob Messina, SVP of Technology & Innovation at MCR Hotels Artificial Intelligence (AI) is everywhere right now. We’re going to look at: This guide builds on my guide to hotel automation and is focused on hotel operators , though I hope other industry participants will find it useful as well.

Hospitality 59

Hospitality Hotels Operations Revenue 59