Hotels

While volume has been leaner this year, at about 75% versus 2016, pricing is up and the industry as a whole is somewhat in check in terms of healthy balance sheets and overall supply, according to a recent hotel panel.

Economy and midscale hotels outperformed forecasts in the third quarter (and likely fourth quarter) because of displaced residents and clean-up crews requiring temporary housing after Harvey.

As lenders grow more acclimated to the risk-retention mandate, projections of new CMBS issuance this year are being revised upward.

A roundup of recent deals, leases, executive moves, and other news from the past week.

Although somewhat less active than in recent years, Middle Eastern investors “continue to target core assets with long leases in safe-haven locations,” says CBRE's Chris Ludeman.

In a session last week at the Lodging Conference, A View from the Top, panelists talked about the role of loyalty, tech, talent, overall brands, markets to watch and hotel security within the hospitality structure.

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

The luxury hotel REIT's remaining non-core assets were either sold, slated for repositioning or marketed for sale as of Wednesday afternoon.