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CMBS Appraisals Show 'Atrocious' Value Loss In Hospitality, Retail Real Estate
News

CMBS Appraisals Show 'Atrocious' Value Loss In Hospitality, Retail Real Estate

... past month, and 101 of the properties are either in hospitality or retail. By May, $32B worth of CMBS debt, almost ... of its CMBS investment fund, industry confidence in a swift recovery is low. The issue may also be more complex than ...

Sep 28, 2020
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stock-market-graph-screenshot
News

Retail And Hospitality REITs Battered, But Other Classes Are Muddling Through

... industrial space during the third quarter of 2020, with a recovery not until mid-2021 or later, according to a report ...

Sep 07, 2020
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NYC Restaurant Group Blasts Mayor's Restaurant Recovery Plan As 'Predatory,' Says Administration Hasn't Done Enough
News

NYC Restaurant Group Blasts Mayor's Restaurant Recovery Plan As 'Predatory,' Says Administration Hasn't Done Enough

The New York City Hospitality Alliance railed at City Hall’s plan aimed at helping ... 's progress during a Thursday press conference. New York City Hospitality Alliance Executive Director Andrew Rigie said the administration is not ...

Sep 03, 2020
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Marriott Leaning Hard Into Conversions To Hit Growth Targets As Recovery Progresses
News

Marriott Leaning Hard Into Conversions To Hit Growth Targets As Recovery Progresses

... to a combination of the pandemic's effect on the hospitality industry and the supply chain crisis's effect on construction ...

Nov 03, 2021
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Q&A: Sheppard Mullin's Larry Eppley On The Chicago Hospitality Market
News

Q&A: Sheppard Mullin's Larry Eppley On The Chicago Hospitality Market

... . Bisnow: What trends are you seeing in hospitality specifically? Eppley: On the hospitality side, for the most part the fundamentals still ... first to recover because rents are set daily, but this recovery cycle has lasted a long time. People are somewhat ...

Sep 04, 2018
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Commercial developments around Disneyland
News

With Hospitality Industry Looking Bleaker, Anaheim Focuses On Safely Reopening

... in Anaheim are looking to rebound and rehabilitate an ailing hospitality and tourism industry. “Our first look is at internal cost ... need them to recover first.” But some experts say the recovery of Anaheim and other cities that are heavily reliant on ...

May 20, 2020
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CBRE Senior Vice President Christian Charre, Driftwood Acquisitions & Development Chief Operating Officer Carlos Rodriguez, Heafey Group Vice President Carmine Zayoun and developer Robert Finvarb
News

Miami's Thriving Hospitality Industry Has No Shortage Of Challenges

... solve for that. That is what creates an experience. In hospitality, we’re in the memory business — weddings, anniversaries, vacations ... are tailored to the quirks of each locale. Hersha Hospitality Trust Vice President Sandra Cardona suggested that hotels be ...

Nov 13, 2019
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The 1 Hotel South Beach at 2341 Collins Ave. in Miami Beach
News

Losses Mount For Hotel Owners Burning Through Cash As Recovery Slows

... service hotels in smaller markets, Bellisario said, such as Apple Hospitality REIT. The Richmond, Virginia-based REIT reported a net loss ... in July, with occupancy last month around 45%. Apple Hospitality REIT's stock rose by more than 3% Friday morning ...

Aug 07, 2020
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DFW Hotel Sector Went From Booming To Bleeding. Recovery Could Be A Year Away.
News

DFW Hotel Sector Went From Booming To Bleeding. Recovery Could Be A Year Away.

... was on solid footing heading into the pandemic, leisure and hospitality employment grew by 5% in 2019, adding 19,000 jobs ... to return to some level of normalcy with respect to hospitality assets.” Cobb does believe hotel owners who are responsible in ...

Apr 28, 2020
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In Wake Of Hurricanes, Some Hospitality Developers See An Opportunity For Luxury
News

The Post-Hurricane Hospitality Silver Linings Playbook

... enhanced with a more sustainable product,” Boston University School of Hospitality Administration marketing professor Leora Lanz said. “It’s a ... Center of New Orleans.  The same type of luxury recovery has occurred in the Caribbean before and could be ...

Nov 05, 2017
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