Hotel Business

APRIL 11, 2025

multiple and a 10% capitalization rate on the property’s hotel EBITDA and net operating income for the 12 months ended Feb. “We are pleased to have completed the sale of Fairmont Dallas, which opened in 1969 and which we acquired in 2011 for $69 million,” said Marcel Verbaas, chair/CEO, Xenia.

Net Operating Income 59

Net Operating Income Sales Resorts Operations 59

Lodging

FEBRUARY 12, 2024

NEW YORK—MCR announced it has completed the sale of the 100-room Residence Inn by Marriott Philadelphia Langhorne located in Langhorne, Pennsylvania for $22.1 By completing its business plan, MCR doubled the hotel’s net operating income throughout its ownership. million, or $221,000 per key.

Net Operating Income 179

Net Operating Income Sales Operations Business 179

Lodging

MAY 10, 2023

BETHESDA, Maryland—Pebblebrook Hotel Trust announced that it closed on the sale of the 189-room Hotel Monaco Seattle in Seattle, Washington, for $63.3 For the trailing twelve months ended March 31, 2023, the hotel’s net operating income was $1.6 million sales price reflecting a 30.7x million to a third party.

Net Operating Income 146

Net Operating Income Closing Sales Hotels 146

Lodging

JUNE 9, 2025

announced that it has completed the sale of the 252-room Hilton New Orleans St. Charles for a gross sale price of $47 million, or approximately $187,000 per key. The sale price represents a 10.1x percent cap rate on 2024 Hotel Net Operating Income. ALISO VIEJO, California—Sunstone Hotel Investors, Inc.

Net Operating Income 146

Net Operating Income Sales Hotels Operations 146

Lodging

APRIL 29, 2024

announced that it has closed on the sale of the 85-room Hampton Inn in Lawrenceville, Georgia for $8.1 The sale price represented a 6.0 percent capitalization rate on trailing 12-month net operating income through March 2024. DALLAS, Texas—Ashford Hospitality Trust, Inc. million ($95,300 per key).

Net Operating Income 146

Net Operating Income Closing Hotel Sales Sales 146

Hotel Business

NOVEMBER 15, 2023

Pebblebrook Hotel Trust has closed on the sale of the 221-room Hotel Zoe Fisherman’s Wharf in San Francisco for $68.5 30, the hotel’s net loss was $1.2 million, its net operating income was $2.2 30, the hotel’s net loss was $1.2 million, its net operating income was $2.2

Net Operating Income 116

Net Operating Income Sales Revenue Hotels 116

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 sales price reflecting a 30.7x net operating income capitalization rate. million to a third party.

Net Operating Income 59

Net Operating Income Sales Operations Hotels 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 Based on the hotel’s operating performance for 2019, the $63 million sales price reflects a 15.4x

Net Operating Income 59

Net Operating Income Sales Operations Closing 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 million sale price reflecting a 31.0x net operating income capitalization rate.

Net Operating Income 52

Net Operating Income Sales Operations Hotels 52

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 Based on the hotel’s operating performance for 2019, the $45 million sales price reflects a 10.7x

Net Operating Income 52

Net Operating Income Sales Closing 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 sales price reflecting a 30.7x net operating income capitalization rate. million, and its Hotel EBITDA was $2.1 million, with the $63.3 EBITDA multiple and a 2.5%

Net Operating Income 59

Net Operating Income Sales Operations Hotels 59

Hotel News Resource

APRIL 17, 2025

The 114&key dual&branded Motel 6/Studio 6 in Galveston, Texas, is up for sale. Despite recent renovations, the property is underperforming, creating an opportunity for an experienced operator to increase revenue and net operating income.

Motels 45

Motels Net Operating Income Sales Branding 45

Hotel Business

FEBRUARY 29, 2024

The sale is expected to be completed in March and is subject to normal closing conditions. The company provides no assurances that the sale will be completed on these terms or at all. 31, 2023, the hotel’s net income was $2.3 million, its net operating income was $14.9 2023 hotel EBITDA.

Net Operating Income 59

Net Operating Income Sales Process Sales Closing 59

eZee Absolute

JUNE 5, 2023

Hotel profitability analysis is a multifaceted approach that considers revenue generation, cost management, and operational efficiency. These metrics help in distributing the income, expenses as well as profit your property is making for all its inventory. GOPPAR GOPPAR stands for Gross Operating Profit per Available Room.

Net Operating Income 96

Net Operating Income Hotels Revenue Operations 96

Hotel News Resource

APRIL 14, 2025

The 77&key Sonesta Essential Hotel at Baton Rouge Airport is up for acquisition, offering a profitable opportunity for a hands&on owner/operator to restructure the hotel's operations, improve revenues, and increase net operating income.

Net Operating Income 45

Net Operating Income Sales Revenue Operations 45

Hotel News Resource

APRIL 29, 2025

The hotel offers a value&added opportunity for a new owner to restructure operations to boost net operating income. The 135&key SureStay by Best Western Beaumont, a limited&service hotel located in the Beaumont&Port Arthur metropolitan area in Southeast Texas, is up for acquisition.

Net Operating Income 45

Net Operating Income Sales Operations Services 45

Hotel Business

MAY 22, 2024

on the sale of the 144-room Residence Inn Salt Lake City Cottonwood to the PEG Companies for $19.2 When adjusted for the anticipated capital expenditures, the sale price represented a 4.6% capitalization rate on 2023 net operating income, or 18.2x RobertDouglas has advised Ashford Hospitality Trust Inc.

Net Operating Income 52

Net Operating Income Sales Operations Resorts 52

Hotel Business

MAY 22, 2024

on the sale of the 144-room Residence Inn Salt Lake City Cottonwood to the PEG Companies for $19.2 When adjusted for the anticipated capital expenditures, the sale price represented a 4.6% capitalization rate on 2023 net operating income, or 18.2x RobertDouglas has advised Ashford Hospitality Trust Inc.

Net Operating Income 52

Net Operating Income Sales Operations Resorts 52

Hotel Business

JULY 18, 2024

has closed on the sale of the Hilton La Jolla Torrey Pines for $165 million ($419,000 per key). Including anticipated capital expenditures of $40 million, the sale price represents a 7.2% capitalization rate on net operating income for the trailing twelve months ended March 31. Braemar Hotels & Resorts Inc.

Net Operating Income 59

Net Operating Income Sales Closing Resorts 59

Hotel Business

APRIL 29, 2024

has closed on the sale of the 85-room Hampton Inn Lawrenceville in Lawrenceville, GA, for $8.1 The sale price represented a 6% capitalization rate on trailing 12-month net operating income through March. Ashford Hospitality Trust Inc. million ($95,300 per key). appeared first on hotelbusiness.com.

Net Operating Income 69

Net Operating Income Sales Process Sales Closing 69

Hotel Business

APRIL 11, 2024

Inclusive of the incentives offered by Hyatt, the net purchase price implies a value of approximately$352,000 per key and represents an 11.1x multiple on the midpoint of the company’s estimate of 2024 hotel EBITDA and an 8% capitalization rate based on the midpoint of projected hotel net operating income.

Net Operating Income 76

Net Operating Income Closing Branding Sales 76

MBA Hotels

MAY 18, 2020

Asking too high of a price relative to current market expectations, gross revenues, and net operating incomes will simply mean hotel buyers will ignore the offering. Buyers consider room revenue, net operating income, price per key, age, condition, market factors, and PIP costs, when they evaluate potential hotel investments.

Net Operating Income 52

Net Operating Income Hotels Revenue Market 52

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. The company expects Chico will generate a 10.5%

Resorts 52

Resorts Net Operating Income Real Estate ROI 52

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

OCTOBER 9, 2023

These metrics encompass a wide range of areas, from financial figures like revenue per available room (RevPAR) and average daily rate (ADR) to operational aspects such as occupancy rates and guest satisfaction scores. Hotel operations are incredibly varied, with many moving parts that interact with and support one another.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

SiteMinder

JUNE 2, 2022

For example, you might have set a goal of achieving 300 room night sales in the month of May. Run reports that detail data analysis and operational activities. TrevPAR – Total revenue per available room takes into account all the revenue from your property, not just your room sales. Set a specific target for your KPI.

KPI 52

KPI Revenue Occupancy Hotels 52

MBA Hotels

SEPTEMBER 12, 2018

Have more motivated sellers- an owner offering an “off market” hotel for sale is typically less motivated to sell and has no open market check on value. It can be rewarding, but it is a totally different business than operating a hotel. Digital marketing cannot be underestimated for getting direct sales, as well as the OTA side.

Net Operating Income 40

Net Operating Income Closing Average Daily Rate Hotels 40

Hotel Operations

MARCH 15, 2023

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. Because of this, hotel owners – and the operators and brands that work for them – are focusing on top-line revenue growth now more than ever before.

Hospitality 59

Hospitality Hotels Operations Revenue 59