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Park Hotels & Resorts' Hilton Short Hills in New Jersey, which reopened March 1, 2022.
News

Hotel REITs Are Resurgent, Operating Leaner After Pandemic

... quarter. “We are pleased that lodging fundamentals continue their recovery relative to 2019 throughout the fourth quarter, with the ... . Other indicators also show investors are confident that the hospitality sector is back for good: Last year, hotel deals ...

Mar 01, 2022
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Pebblebrook's Coral Gables hotel in Miami.
News

Leisure Travel Outpacing 2019 And Business Stays Are Picking Up Fast, Hotel Owners Say

... reached 85% and 72%, respectively. “The pace of recovery throughout the first quarter was driven by broad improvement ... the year. “Social and smaller events continue to lead recovery, while demand for company meetings and conventions improved meaningfully ...

May 05, 2022
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Largest U.S. Hotel REIT Lowers Guidance In Anticipation Of 'Mild Slowdown'
News

Largest U.S. Hotel REIT Lowers Guidance In Anticipation Of 'Mild Slowdown'

... , including $10M for business interruption. Host also reported a recovery in revenues from its Maui hotels, which are still trying ... clouding the outlook on acquisitions and sales, saying the entire hospitality industry is in “wait-and-see mode.” “This is ...

May 01, 2025
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General photo Dublin
News

PwC Reports Insolvencies Down As Robust Irish Companies Brace For Trump Tariffs

... of 40% compared with the same quarter in 2024 (42). Hospitality had 43 insolvencies, in line with the rates recorded last ... seen what the year has in store,” PwC Ireland Business Recovery Partner Ken Tyrrell said. Ireland is currently braced for the ...

Mar 31, 2025
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valuation
News

‘Investors Are Finished With Covid’: CRE Valuations Weather The Pandemic

... ." Investor interest hasn't driven valuation recovery in all places, however. In the hospitality sector, CBRE reports that cap rates ... that period. Extended-stay hotels are a subsector of hospitality that is doing well, attracting investor interest that is ...

Sep 09, 2021
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'Wait Wut': Economists React To April's Jobs Report On Twitter
News

'Wait Wut': Economists React To April's Jobs Report On Twitter

... back to work in April. That follows the American vaccine/recovery boom narrative ... The 266k number points to an alternative: ... of job change is interesting. Job growth in leisure & hospitality ACCELERATED sharply in April (+366K) above March's strong growth ...

May 07, 2021
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Building site
News

Housing Slowdown To Hit Dublin Residential Construction in Next 2 Years

... result CIS forecast a significant decline in starts before recovery to more stable rises in future years. CIS has ... corresponding period in 2023 and predicted ongoing investment in the hospitality industry. “The project pipeline remains robust, with planning ...

Jan 03, 2025
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'Oof': Economists React To September Jobs Report On Twitter
News

'Oof': Economists React To September Jobs Report On Twitter

... and drinking places. Employment in leisure and hospitality is still down by 1.6 million ... how much the virus can still hold the recovery back. But looking forward, the outlook ...   If you want to kickstart the economic recovery, we've all got one simple job to ...

Oct 08, 2021
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Brookfield Buys $845M Multifamily Portfolio From BREIT
News

Brookfield Buys $845M Multifamily Portfolio From BREIT

... Brookfield Asset Management, Brookfield Properties has holdings in the hospitality, industrial, office and retail sectors in addition to multifamily ... leasing season will usher in the start of a recovery cycle with more favorable leasing conditions as demand ...

Nov 22, 2024
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In 2009, The Music Stopped. In 2020, Real Estate Kept Dancing
News

In 2009, The Music Stopped. In 2020, Real Estate Kept Dancing

... has negatively impacted only a few asset classes, such as hospitality and retail properties, Flores said, with multifamily, industrial ... by the Bureau of Labor Statistics, illustrates the slow recovery from the 2008 recession, and its possible contrast with ...

Mar 10, 2021
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