JLL Capital Markets Arranges Financing for Courtyard in Utah
SAN DIEGO, California—JLL Capital Markets announced that it arranged $25.4 million in financing for 149-key Courtyard by Marriott in Cotton Heights, Utah.
JLL worked on...
CoStar: P&L Data Shows Improvement in Group Business
WASHINGTON—Improvement in group business, especially across the Top 25 Markets and upper-upscale chains, drove growth in U.S. hotel revenues and profits, according to 2023...
CBRE: Investors to Purchase More U.S. Commercial Real Estate in 2024
DALLAS—Investors are poised to purchase more U.S. commercial real estate in 2024 as they anticipate improved credit conditions as interest rates fall later this...
CoStar: U.S. Hotel Performance Increases, Comparisons Stay Mixed
WASHINGTON—U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through Jan. 27, 2024.
U.S. Hotel Performance
January...
Four Financial Changes That Impact the Hospitality Industry’s ‘New Normal’
In 2019, the United States enjoyed the unprecedented 11th year of economic growth since the “Great Recession.” Economists predicted an economic downturn; the only...