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Premier Hotel commercial real estate news, analysis, trends and information for hospitality and lodging properties.
The joint-venture partners have sold their first full-cycle development and ownership property.
Headwinds are likely to moderate expansion for 2022.
With the ability to change rates every day, hotels are most resistant to inflation.
Ground leases provide early capital at a favorable rate, helping to de-risk the deal for construction lenders.
The borrower secured the loan to refinance the 161-key Mission Pacific boutique hotel and The Seabird Resort, a 226-key full-service resort.
Still, the industry continues to improve its metrics, led by leisure travel, while meetings and events look better for 2023.
The real estate investment firm has purchased the dual-brand Homewood Suites & Hilton Garden Inn Jacksonville Downtown.
Driftwood Capital added six hotels to its portfolio last year, viewing hotel assets as a hedge against inflation.
Following are our selections for companies that excel in CRE marketing.
Fitch now anticipates RevPAR to recover to about 70% of 2019 levels in 2022, with most of the recovery happening in the second half of the year.