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Leverage Hotel Net Operating Income (NOI) with Direct Booking.

Belza

Leverage Hotel Net Operating Income (NOI) with Direct Booking Strategy | Hotel Marketing

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Ashford Hospitality Trust Sells The Residence Inn Salt Lake City

Hospitality Net

capitalization rate on 2023 net operating income, or 18.2x capitalization rate on 2023 net operating income, or 14.0x When adjusted for the Company’s anticipated capital expenditures, the sale price represents a 4.6% 2023 Hotel EBITDA. Excluding the anticipated capital spend, the sale price represents a 6.0%

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Ashford Hospitality Trust Closes on Hotel Sale, Gives Asset Update

Lodging

percent capitalization rate on trailing 12-month net operating income through March 2024. All the net proceeds from the sale will be used for general corporate purposes including paying down the company’s strategic financing. DALLAS, Texas—Ashford Hospitality Trust, Inc. million ($95,300 per key).

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MCR Completes Sale of Residence Inn by Marriott Philadelphia Langhorne

Lodging

By completing its business plan, MCR doubled the hotel’s net operating income throughout its ownership. Since the beginning of 2023, MCR has completed a series of dispositions totaling seven hotels for gross proceeds of $174 million, or $210,000 per key.

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MCR Refinances 16-Hotel Portfolio

Lodging

NEW YORK—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. This represents a 9.4 percent cap rate on MCR’s cost basis in the hotels.

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Pebblebrook Hotel Trust Closes Sale of Hotel Monaco Seattle

Lodging

For the trailing twelve months ended March 31, 2023, the hotel’s net operating income was $1.6 percent net operating income capitalization rate. Based on the hotel’s operating […] The post Pebblebrook Hotel Trust Closes Sale of Hotel Monaco Seattle appeared first on LODGING Magazine.

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Pebblebrook completes sale of Hotel Zoe Fisherman’s Wharf

Hotel Business

30, the hotel’s net loss was $1.2 million, its net operating income was $2.2 net operating income capitalization rate (assuming a capital reserve of 4.0% net operating income capitalization rate (assuming a capital reserve of 4.0% For the trailing 12 months ended Sept.