Your Search Results For:

Contact Us
Filter by City:
Sort by:
Labor Costs Will Keep Rising As Construction Industry Bounces Back, Reports Predict
News

Labor Costs Will Keep Rising As Construction Industry Bounces Back, Reports Predict

... concern I have today, that as these other industries — like hospitality, like education, like retail — come back, from a construction ... go,” Wilhelm said.  With the expectation that the economic recovery is going to pick up soon and the understanding that ...

Mar 03, 2021
+
New York Stock Exchange
News

‘The COVID Discount Bin’: Investors Lose Confidence In CRE As REIT Stocks Slump

... named it as his top pick for hospitality REIT stocks. The companies that have ... REITs include Park Hotels & Resorts and Ryman Hospitality Properties, which are down 61% and 58 ... even though it has underperformed in the recovery, it is likely to still be ...

Sep 22, 2020
+
Luxury Travelers Pushing Hotel Room Rates Past Pre-Pandemic Levels In Tourist Destinations
News

Luxury Travelers Pushing Hotel Room Rates Past Pre-Pandemic Levels In Tourist Destinations

The uneven recovery from the pandemic-induced recession is already bearing out in the hospitality market, as certain markets and ... self-identify as "luxury travelers" told surveyors from hospitality and tourism marketing firm MMGY Global that they plan to ...

Apr 29, 2021
+
New York City skyline from One World Observatory
News

NYC Rent Collection Rates Dropping, Vacancy Rising As Relief Seems Far Away

... the economic bleeding, indicators show New York's economic recovery from the nadir of the coronavirus lockdown is stuck ... and stop the economic hemorrhaging with renewed urgency. NYC Hospitality Alliance Executive Director Andrew Rigie called on state and ...

Sep 21, 2020
+
cash
News

More CRE Deals Coming In Second Half Of '22, PwC Predicts

... person brick-and-mortar retail therapy," the report notes. Hospitality investment sales deals have also been hot, with transaction volume ... year-over-year in Q1 2022, driven by the recovery seen in the lodging industry, especially among leisure-oriented ...

Jun 28, 2022
+
new normal
News

Gov. Newsom’s Economic Reopening Announcement Isn't The Defining Moment CRE Needs

... colleagues will definitely be masked, he said, adding that the hospitality and restaurant industries should bounce back quickly. However, a resurgence ... this year we're going to have a very good recovery — we just need to get more shots in the arm ...

Apr 09, 2021
+
save philly restaurants
News

The Survivors In Philly's Restaurant Scene Have Begun To Exhale

... restaurants across the country. The Pennsylvania COVID-19 Hospitality Industry Recovery Plan adds another $145M from the commonwealth, ... was the widespread loss of jobs in the hospitality industry. Even restaurants that maintained takeout businesses ...

Apr 04, 2021
+
Cash money U.S. currency funds for distressed investing
News

Cerberus Puts Together $2.8B To Pursue Opportunistic Deals

... provided us with the opportunity to invest in the recovery of the hospitality sector following an unprecedented market dislocation," Cerberus Head of ...

Mar 30, 2021
+
Outdoor dining NYC
News

Restaurant Group Calls For Expanded Eviction Moratorium, More Aid As Sales Drop Persists

... the extension of the moratorium on commercial rent evictions," NYC Hospitality Alliance Executive Director Andrew Rigie said in a release. ... of government to revive the industry, the chances of recovery for these businesses and the city will only diminish."  ...

Mar 24, 2021
+
Spring Break Chaos On Miami Beach: Just A Blip For CRE
News

Spring Break Chaos On Miami Beach: Just A Blip For CRE

... commercial property values. Max Commus, managing director in the hospitality investment advisory practice at Hodges Ward Elliott, said he was ... data point we're pointing all investors to is the recovery of the Miami market after the Great Financial Crisis ...

Mar 23, 2021
+