Hospitality Archives

Hospitality

October 3, 2023

Navigating the Retail Financing Landscape: Peachtree Group’s CEO Weighs In

After many years focusing on the hospitality sector, Peachtree has recently expanded its investment strategy to other asset classes, transitioning from Peachtree Hotel Group to Peachtree Group. Together with its lending division, Stonehill, the private equity investor and lender is now active across all real estate sectors, including retail—which has been grabbing headlines in the past few…

September 6, 2023

US Hotel Metrics Drop in Week Ended August 26

US hotel performance weakened during the week ended August 26, matching historical seasonal patterns, STR reported, citing the latest data from CoStar, which provides information and analytics in the property markets.

August 30, 2023

Realty Income to invest about $950 million in Bellagio Las Vegas

Realty Income (O.N) signed an agreement with Blackstone's real estate investing firm to invest about $950 million in the Bellagio Las Vegas resort, valuing the assets at $5.1 billion, the companies said on Friday...

August 28, 2023

US Hotel Metrics Edge Lower in Week Ended August 12

US hotel performance declined during the week ended Aug. 12, STR reported, citing the latest data from CoStar, which provides information and analytics in the property markets...

August 9, 2023

US Hotel Occupancy, RevPAR Tick Down in Week Ended July 29

US hotel performance showed mixed results during the week ended July 29, STR reported, citing the latest data from CoStar, which provides information and analytics in the property markets. Occupancy slightly dropped to 72.2% from 72.9% a week earlier and was up 0.6% from the comparable week in 2022.

July 21, 2023

US Hotel Occupancy, Daily Rates Jump in Week Ended July 15

US hotel performance improved in all three metrics during the week ended July 15, STR reported, citing the latest data from CoStar, which provides information and analytics in the property markets. Occupancy increased to 72.0% from 61.8% a week earlier and was up 0.1% from the comparable week in 2022.