us lodging performance
Avison Young Announces Weekly Open Forum
Avison Young | October 14, 2020
ATLANTA – October 14, 2020 – Avison Young Hospitality Group announces the firm launched a weekly virtual forum for every Monday at 2pm eastern starting with next Monday, October 19th. The forum will start with a very short overview of the previous week lodging performance at the property level as well as at the publicly traded level. The main focus of the 45-minute virtual forum is to answer live questions from the participants. Keith Thompson said, “This forum is for private and public hotel investors, owners, operators who needs clear answers and sound advice. The hotel investment world has changed since COVID and we want to be a r...
Fitch Ratings: Softer Transient US Lodging Demand Subdues Confidence
Fitch Ratings | November 10, 2015
Fitch Ratings-New York-10 November 2015: The U.S. lodging upcycle remains solidly intact notwithstanding the litany of concerns that have overtaken investor sentiment this year, according to Fitch Ratings. Falling stock prices (since January), selected guidance cuts (late summer), weak August industry RevPAR data, and now additional guidance cuts and disappointing commentary around October transient demand during 3Q15 earnings season have all contributed to investors' worries, with some factors transpiring alongside weakness in select key macroeconomic indicators during 3Q15. However, several factors point to continued, solid lodgin...
Average Daily Rate Growth Expected to Drive US Lodging Performance in Remainder of 2015 and in 2016
PwC US | August 31, 2015
NEW YORK, Aug. 31, 2015 -- An updated lodging forecast released today by PwC US expects average daily rate ("ADR") to drive revenue per available room ("RevPAR") increases in a more meaningful way through the second-half of 2015, and into 2016. Recent performance of the lodging industry has generally met industry expectations, and during the second quarter, ADR growth drove RevPAR increases to a larger degree than in recent quarters. PwC finds that lodging demand trends in the US have been robust, with both transient and group travel occupancy levels increasing 1.4 percent and 1.5 percent, respectively, during the first-half of the year...
