Hotel Market Updates Archives

3Q24 Hospitality Dashboard

November 10, 2024
Hospitality Dashboard
151 views

Our hotelAVE Hospitality Dashboard 3Q24 is now available! Q324 Total RevPAR finished up 3% versus Q323, however GOP margins were down 3% or 100 bps. While topline growth was strong across most Top 25 markets, labor costs PAR increased 5% nationally. GOP margins will continue to be stressed by above inflationary growth in labor costs...

HOTELAVE PROJECTS A FIVE-YEAR RECOVERY PERIOD FOR HOTEL INDUSTRY POST CORONAVIRUS

March 18, 2020
COVID-19
8,466 views

Business Recovery Duration Similar to that Following September 11th & The 2008 Financial Crisis PROVIDENCE, RI. – March 18, 2020 – Hotel Asset Value Enhancement (hotelAVE), the premier hotel asset management company, in a study released today, estimated that it will take the hotel industry in the United States approximately five years to achieve pre..

hotelAVE’s Key Conference Takeaways from the 2018 Americas Lodging Investment Summit (ALIS)

January 26, 2018
Industry Insights
1,378 views

Did you miss the 2018 Americas Lodging Investment Summit (ALIS)? Read hotelAVE’s 2018 Key Conference Takeaways to catch up on the latest insights. ALIS Takeaway #1: Top Line Outlook. Unchanged despite tax reform-2018 RevPAR growth forecast ranges from 2.5% to 2.7%. ALIS Takeaway #2: Margin Erosion. Rising labor costs, real estate taxes and insurance and..