Some 94% of investors surveyed in a new CBRE report expect to maintain or increase their hotel investments this year, ...
Park Hotels & Resorts Inc . (NYSE:PK) stock has touched a 52-week low, dipping to $13.19 amidst a challenging year for the hospitality sector. The company, which has grappled with the lingering ...
This is up from 85% of investors who had the same plans last year.
Morgan Stanley turned bearish on two hotel stocks, citing declining revenue per available room (“RevPAR”) and valuation mismatch for its downgrade of Choice Hotels (NYSE:CHH) and Sunstone ...
Ashford Hospitality Trust (NYSE:AHT) expects Q4 2024 revenue per available room to retreat to $126 from $132.20 in Q3, according to the lodging REIT's preliminary results released on Monday. Also ...
UBS expressed concerns over the financial outlook for lodging companies, particularly citing issues in Hawaii and New York City that could impact earnings before interest, taxes, depreciation, and ...
Fueling momentum behind Independent Hotel Day, the HVS report highlights the extent to which independent hotels thrive in the areas of RevPAR growth and ADR, while benefiting from significant cost ...
Current economic conditions are favorable for travel activity, but the new Trump administration could present challenges.
RevPAR (revenue per available room) was up on the Strip and downtown. Overall, RevPAR averaged $158.62, 6.3% higher than December 2023. On the Strip, RevPAR reached $176.21, 6.6% higher. Downtown it ...
Spain's Melia Hotels booked higher-than-projected earnings before interest, taxes, depreciation and amortization above 525 ...
BofA analyst Dany Asad lowered the firm’s price target on Park Hotels & Resorts to $16 from $16.50 and keeps a Neutral rating on the ...