Milwaukee Moves Forward on Two Downtown Hotel Projects
JLL reported U.S. hotel deal volume grew 14.4% in Q1 to $5.6 billion, with private equity making up 34% of the buyer pool. Plus, more hotel deal and development news.
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Dallas Leads the U.S. Hotel Construction Pipeline
Dallas leads the U.S. hotel construction pipeline, followed by Atlanta, Nashville, Phoenix, and the Inland Empire, with significant activity in planned projects, early planning, renovations, and new hotel openings nationwide.
Alan Woinski and Kim Woinski |
Relative Optimism for Hotel Earnings Season Among Analysts
Truist expects varied 2Q earnings for the hotel sector, with C-Corps' results depending on geography and customer mix.
U.S. hotel industry performance in June 2023 showed improvements from the previous month but lower year-over-year changes.
RLJ Lodging Trust 's Nashville property joins Hilton's Tapestry Collection after a comprehensive renovation, marking the company's third conversion in 2023.
Alan Woinski and Kim Woinski |