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Occupancy and revenue for Hawaii hotels down compared to last year - Pacific Business News
The Business Journals· 5 days agoAccording to the monthly Hawaii Hotel Performance Report, which features data compiled by analytics...
REITs Got Clobbered Last Week: 3 With Attractive New Yields
Benzinga via Yahoo Finance· 1 hour agoLast week, the release of the April 30-May 1 Federal Reserve (FED) minutes showed that FED officials...
Oakland mayor's budget would use Coliseum sale to avoid layoffs
KTVU· 1 day agoThe city is facing a roughly $360 million general fund shortfall over the next two years, largely...
CBRE Lowers 2024 U.S. RevPAR Forecast
Business Travel News· 7 days agoAfter a first quarter that finished below its expectations, CBRE Hotels Research on Thursday lowered its projected year-over-year increases for full-year...
STR: April U.S. Hotel Occupancy, ADR Up
Business Travel News· 6 days agoThe average April U.S. hotel daily rate increased slightly year over year, as did revenue per available room and occupancy rate, according to hotel...
Canada hotels report first occupancy increase in four months
Hospitality Net· 3 days agoAfter four consecutive months of year-over-year declines, Canada’s hotel industry reported an increase in occupancy, according to CoStar’s April 2024 data. CoStar is a leading ...
Syracuse Common Council approved motion for hotel occupancy tax
WSYR 9 Syracuse· 6 days agoSYRACUSE, N.Y. (WSYR-TV) – It was a unanimous adoption of a motion that will allow for a hotel room occupancy tax by the Syracuse City Common Council. The bill was introduced in Albany by Senator R…
Pebblebrook's (PEB) Same-Property Revenues Decline Y/Y in April
Zacks via Yahoo Finance· 2 days agoPebblebrook's (PEB) April operating results saw a decline in same-property revenues. It has also...
Amid Limited Development, Hotel Owners Find Opportunity - Banker & Tradesman
Banker & Tradesman· 10 hours agoIn the first quarter 2024, the Boston lodging market’s average daily rate (ADR) improved 3.3 percent...
PwC’s US Hospitality Directions – May 2024
Hospitality Net· 5 days agoGrowth in leisure demand has moderated for US hotels. An increased appeal of short-term rentals by leisure travelers has contributed to moderating leisure demand for hotels. Individual business ...