Reality Check on Hotel Performance, Forecasts

Joel Ross | April 6, 2017

by Joel Ross Hotel values have been in decline, along with occupancy, while cap rates and supply rise; and it's not all Donald Trump's fault. Apparently at the Americas Lodging and Investment Summit and Hunter Hotel Investment Conference, once again, the story was the industry is fine, although slower. Everyone only wants to talk revenue per available room, not net operating income, and any decline in occupancy is now all President Donald Trump's fault. The American Hotel & Lodging Association touts its futile efforts to try to stop Airbnb, yet three of its young founders are on the Forbes billionaire list at $3.8 billion each and B...