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Premier Hotel commercial real estate news, analysis, trends and information for hospitality and lodging properties.
Parking revenue rose 103.1% from pre-pandemic 2019 levels, while hotel revenue was only at 95.9%.
Austin hotel goes on block for $600M two weeks after Blackstone mega-deal.
Four Seasons, Plaza may be getting ready to renovate and reopen.
The market may be approaching its low point, though sales data lags.
Marriott, Hilton, Airbnb are all strategizing to meet travelers' needs.
Also property values are up for a good number of asset categories.
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The rule changes going into effect on July 1 will require more coordination and expense, but it's not without its own nuance in the quest for safer buildings.
China-based firm defaults on $157M EB-5 debt for Oceanwide Plaza.
Debt service coverage ratios are looking tricky, according to Trepp.
Retail and industrial have been most volatile, apartments fairly steady, and office the laggard.