)
Labor, Insurance Costs Rising, But U.S. Hotels Continue Comeback
The industry has clawed its way back from the dim days of the pandemic, with U.S. hotel occupancy averaging 63% during 2023.
)
The industry has clawed its way back from the dim days of the pandemic, with U.S. hotel occupancy averaging 63% during 2023.
)
Goldman Sachs Asset Management believes U.S. CRE has reached its nadir and is ready to start buying again.
)
Hard times are expected to continue for another six to 12 months as the industry works through a backlog of supply.
)
Three streets in the Bay Area feature some of the highest office rents in the U.S.
)
Unibail-Rodamco-Westfield has decided to stay in the U.S. after announcing its departure in 2022.
)
Wentworth told the WSJ that it would eye underperforming stores and those close together while not significantly reducing its headcount.
)
Miami, Fort Lauderdale and West Palm Beach offices had only 14% fewer people in April compared to 2019, while the gap nationally is 32.2%.
)
Despite the down outlook, Host Hotels reported increased cash flow and revenue in the first quarter.
)
Kimberly Clark announced plans to build new manufacturing facilities in Ohio and South Carolina.
)
Reshoring and increased demand from GLP-1 weight-loss drugs are leading to a contract manufacturing boom in the U.S.
We're not asking for your money. This is not a step towards a paywall. Our news is free and we intend to keep it that way.