Hospitality / Page 4

Florida Hospitality Market Report Market Overview The tourism industry in Florida is flourishing, establishing itself as a highly desirable location for travelers and tourists. Florida’s renowned theme parks, beautiful beaches, and extensive attractions create a diverse and lively hospitality scene. Additionally, the hospitality sector plays a crucial part in the state’s employment landscape, with the […]

Utah Hospitality Market Report Utah Market Overview Utah is a popular tourist destination known for its stunning natural landscapes and diverse attractions. With its breathtaking national parks, mountains, and iconic red rock formations like those in Zion and Bryce Canyon, Utah offers a wealth of outdoor adventures. The Utah hospitality market is thriving, fueled by […]

Tampa, FL Hospitality Market Report Market Overview In H1 2023, Tampa’s hospitality market experienced a notable increase in RevPAR, primarily driven by a rise in ADR. The group segment has been the main driver of growth this year, while transient leisure travel has seen a slowdown. Economic concerns and a possible recession in the later […]

New Tennessee Titans Stadium | Impact on CRE The Metropolitan Nashville Council has granted the Tennessee Titans the last green light to proceed with their intentions of constructing a new, covered stadium on Nashville’s East Bank. In late April 2023, the Metro Nashville Council endorsed the proposal with a 26-12 vote. The Metro Nashville Sports […]

Jacksonville, Fort Lauderdale, and Orlando, FL Hospitality Market Report Market Overview The hospitality market in Florida is thriving, making it one of the most sought-after destinations for travelers and tourists. With its world-famous theme parks, stunning beaches, and a wide range of attractions, Florida offers a diverse and vibrant hospitality scene. The hospitality sector also […]

Investor Predictions | Providing Clarity in Uncertainty Matthews™ measured investor insight and their predictions for the remainder of the year. 61% of investors are somewhat concerned that a recession will ultimately affect the CRE market. Despite this, investors are increasingly looking for cash flow opportunities. Read on to see more investor predictions for the remainder […]

Challenges and Opportunities in the Hotel Industry The following report highlights the hospitality sector’s recent performance, as well as challenges, demand, and development within the sector. Hotels remain attractive due to cap rate compression in other real estate asset classes, as well as their ability to reprice rooms daily according to market demand, serving as […]

Strong Hotel Performance Amid Economic Headwinds The hospitality industry is off to a promising start entering H2 2023, with typical seasonal trends developing and revenue per available room (RevPAR) continuing to grow. The sector saw an increase in buyers in 2022, and experts predict continued demand for the remainder of 2023, specifically for high-end properties […]

Northern California Hospitality Market Report Market Overview The hospitality sector in Northern California displays promising signs of growth across all its regions. Despite challenges, the San Francisco/San Mateo market has demonstrated significant year-over-year growth, with high ADRs and improved occupancy. San Jose has experienced a slower recovery, but RevPAR has shown a positive upward trend, […]