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asianhospitality

Baird/STR stock index up 16.4 percent in January - 0 views

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    THE BAIRD/STR HOTEL Stock Index jumped 16.4 percent in the first month of 2023, according to STR. A drop in recession fears and other factors gave investor confidence a boost, the research firms said. In January, the Baird/STR Index surpassed both the S&P 500, up 6.2 percent and the MSCI US REIT Index, increased 10.5 percent, STR said in a report. The index dropped 10 percent in December, and it was down 15 percent for 2022. According to STR, the Hotel Brand sub-index increased 16.2 percent from December to 10,342, while the Hotel REIT sub-index rose 17.1 percent to 1,216. "Hotel stocks rebounded sharply in January and were significant outperformers as the back-and-forth recessionary concerns once again subsided to start the year," said Michael Bellisario, senior hotel research analyst and director at Baird. "Industry-wide RevPAR trends finished the year on a strong note despite tougher calendar comparisons and weather-related travel disruptions in December. Several Hotel REITs provided fourth-quarter operational updates, and performance generally was in line with prior expectations. More broadly, investor sentiment has improved, which boosted stock prices across the board in January, but the macroeconomic indicators have remained mixed."
James Stevens

Hire 16 seat minibus for affordable transportation - 0 views

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    Due to overwhelming success of our 8 seat minibus we have now added 16 seat minibuses to the fleet and we would like to offer you for private hire for day and night outing, college trip travel etc and generally any other work. For more details please visit our site.
Himalayan Local Guide

Langtang Gosainkunda Pass Trek 16 - Days - 0 views

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    16 - Days Langtang Gosaikunda Pass trek is simply possible from Kathmandu. Langtang Gosaikunda trek is one of the brilliant trekking trails of langtang National park region. Start from syabrubesi and uphill Lama Hotel, Langtang Village, Kynjin Gompa . Outstanding Views from Tserko Ri Langtang Himal II (6490m),Langtang Lirung (7250m),Yala peak (5540m),Dorje lakpa (6965m) and many more mountain. This trip is combination of snow-capped treks and high mountain icy lakes. After complete the langtang valley trek, tserko ri (4995m), kyanjin Gompa (3790m) and before following the holy paths to Gosaikunda pass (4600m) trek.
asianhospitality

STR: U.S. hotel performance drops in Easter week - 0 views

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    Occupancy was 62 percent for the week ending April 16, down from 66.4 percent the week before and down 5.6 percent from 2019. ADR was $147.25 for the week, down from $150.45 the week before and up 14.4 percent from 2019. RevPAR reached $91.25 during the week, down from $99.93 the week before and up 8 percent from three years ago. Among STR's top 25 markets, Tampa saw the highest occupancy increase over 2019, up 3.2 percent to 76.6 percent. Phoenix posted the largest ADR increase in the week, up 33.8 percent to $189.16, over 2019.
asianhospitality

STR: Slight slip in U.S. hotel performance in the third week of October - 0 views

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    THERE WAS A slight slip in U.S. hotel performance in the third week of October compared to the week before, according to STR. However, numbers improved during the week when compared to 2019. Occupancy was 69.9 percent for the week ending Oct. 22, down from 70.3 percent the week before and down 0.5 percent from 2019. ADR was $157.43 during the week, slightly dropped from $157.52 the week before and up 16.7 percent from three years ago. RevPAR reached $110.11 in the third week of Oct. 22, just dipped from $110.78 the week before and up 16.1 percent from 2019. Among STR's top 25 markets, Tampa reported the largest increase in occupancy during the week, up 7.4 percent to 75.9 percent and RevPAR, increased 39.2 percent to $117.28, over 2019. It has been one of the markets in Florida that have seen a performance lift associated with post-Hurricane Ian demand.
asianhospitality

Stonehill PACE provides $16.3 million C-PACE loan to Washington project - 0 views

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    STONEHILL PACE, THE Property Assessed Clean Energy financing division of Stonehill, has provided $16.3 million in its first commercial property assessed clean energy (C-PACE) financing in Washington, a statement said. The loan is for the Cornus House, a new 199-unit multifamily project with 1,233 square feet of retail development in Tacoma, Washington. The C-PACE financing is over a 30-year term and will fund lighting, covered process, seismic and qualifying soft costs, according to Stonehill PACE. The project development is expected to start before the year end and is scheduled to be finished by Nov. 1, 2024. "For eligible projects, C-PACE financing remains one of the more attractive venues to get a project over the finish line," said Jared Schlosser, Stonehill's senior vice president and head of Stonehill PACE. "The Cornus House is a great project in a strong market led by a savvy ownership group with 30-plus years of commercial real estate experience and a portfolio of more than 800 apartments. This C-PACE financing is the final piece to complete the financing puzzle."
asianhospitality

NewcrestImage JV snaps up 16-hotel portfolio for $137 million - 0 views

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    A JOINT VENTURE between NewcrestImage and Hospitality Capital Partners recently acquired 16 hotels for $137.3 million from Service Properties Trust, a Massachusetts-based REIT. The deal includes a total of 2,155 rooms in nine states. The portfolio consists of 13 Courtyard and three Residence Inn hotels by Marriott hotels, which are in Georgia, Massachusetts, New York, North Carolina, Oklahoma, Pennsylvania, South Carolina, Texas and Virginia. Eleven of the properties underwent major renovations between 2018 and 2019, the company said in a statement. "This transaction suits our company's style of strategically acquiring properties with strong fundamentals, especially during times of a difficult or slowed down economy," said Mehul Patel, managing partner and CEO, NewcrestImage. "It's an opportunity for our joint venture with NewcrestImage to add revenue immediately, while also growing long-term profit potential and asset value," said HCP principals Keith Mishkin and Primo Parmar. The transaction was handled by Al Calhoun and Mark Fair at CBRE in Atlanta. "Closing this transaction was particularly satisfying given the size of the deal and the challenges we're facing in the debt markets," added Al Calhoun, vice chairman with CBRE Hotels in Atlanta. "We were able to complete this transaction by breaking it up into three deals with three different lenders. These lenders had great confidence in the sponsorship and the quality of the brands and markets."
asianhospitality

IHG projects $1 billion shareholder return following strong 2023 - 0 views

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    IHG HOTELS & RESORTS reported a 23 percent increase in profit from reportable segments in 2023, surpassing the $1 billion milestone for the first time. The company also noted a 16.1 percent rise in RevPAR, a 5.1 percent increase in ADR, and a 6.4 percentage point uptick in occupancy during the previous year. It anticipates returning more than $1 billion to shareholders through dividends and share buybacks this year, IHG said in a statement. "Travel demand was strong across all markets, with RevPAR up 16 percent from last year and 11 percent ahead of the 2019 pre-pandemic peak," said Elie Maalouf, IHG Hotels & Resorts' chief executive officer. "Combined with the power of our enterprise and efficient operating model, profit from reportable segments grew by 23 percent, exceeding one billion dollars for the first time, and adjusted EPS grew by 33 percent." This marks one of the company's most significant quarters for development activity, IHG said. The company reported full-year revenue of $4.62 billion, marking a nearly 19 percent increase from $3.89 billion in 2022.
James Stevens

booking 16 Seat Minibus Chester for travelling - 0 views

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    Now hire 8, 16 seat minibus Chester for travelling together and also avail quick airport/seaport transfers and also day/night out services at most affordable prices. For details please visit our site.
Elisa Graceffo

Step by Step Process to Expedite a Minor US Passport - 0 views

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    Did you know that your child also need a passport to travel internationally with you? Don't forget your child's passport when you apply for yours. If your kid is 15 or younger, then you need to have a minor US passport, which is valid for 5 years. The kids at 16 can apply for adult US passport. The procedure to get a child US passport is the same whether or not the child has previously been issued a passport. Check out the step by step guide that would help you understand the process and how you can expedite a child US passport.
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    Did you know that your child also need a passport to travel internationally with you? Don't forget your child's passport when you apply for yours. If your kid is 15 or younger, then you need to have a minor US passport, which is valid for 5 years. The kids at 16 can apply for adult US passport. The procedure to get a child US passport is the same whether or not the child has previously been issued a passport. Check out the step by step guide that would help you understand the process and how you can expedite a child US passport.
Elisa Graceffo

Child US Passport Renewal Process for Age under 15 or when it turns 17 - 0 views

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    US passports issued to children age 15 and younger are valid for only five years, if your child's passport is expired, you will need to follow the same procedure that is used for a first time minor passport. As soon as your child turns 16, he will be eligible to get his first adult passport valid for 10 years. If you need help getting a passport for your child in a hurry, check out our article and follow the passport renewal procedure according to your child's age group.
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    US passports issued to children age 15 and younger are valid for only five years, if your child's passport is expired, you will need to follow the same procedure that is used for a first time minor passport. As soon as your child turns 16, he will be eligible to get his first adult passport valid for 10 years. If you need help getting a passport for your child in a hurry, check out our article and follow the passport renewal procedure according to your child's age group.
Elisa Graceffo

Learn the Procedures to Obtain a Passport for Your Teen - 0 views

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    Teenagers are always on the go... and who are planning to go to travel outside the US will need to have valid passports. The US State Department issues minor passports to children up to age 15, and adult passports to teens starting at age 16. Read and learn the special procedures to obtain a passport for your teen traveler under the age of 15, 16 to 17, and for teen the age of 18 and older.
thienho93

Những điều thú vị không thể bỏ qua ở London - 0 views

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    VÉ MÁY BAY GIÁ RẺ Đại lý vé máy bay giá rẻ chuyên cung cấp vé giá rẻ đi Thái Lan,Malaysia,Singapore,Nhật,Hàn,Anh,Pháp,Mỹ,Úc...Địa chỉ uy tín nhất để mua vé máy bay giá rẻ DU LỊCH NGA ĐỊA ĐIỂM KINH NGHIỆM DU LỊCH ANH ĐỊA ĐIỂM KINH NGHIỆM DU LỊCH PHÁP ĐỊA ĐIỂM KINH NGHIỆM DU LỊCH ĐỨC ĐỊA ĐIỂM KINH NGHIỆM  404 ERROR Search...   dia-diem-du-lich-anh  du-lich-anh  tin-tuc-du-lich  ve-may-bay-di-anh  ve-may-bay-di-london  Những điều thú vị không thể bỏ qua ở London NHỮNG ĐIỀU THÚ VỊ KHÔNG THỂ BỎ QUA Ở LONDON Bảo Yến dia-diem-du-lich-anh, du-lich-anh, tin-tuc-du-lich, ve-may-bay-di-anh, ve-may-bay-di-london Friday, September 16, 2016 Thu hút 27 triệu du khách mỗi năm, London là thành phố truy cập nhiều nhất tại châu Âu. Không có gì ngạc nhiên khi London là thành phố hàng đầu trong kế hoạch du lịch rất nhiều người dân: thành phố được thành lập bởi những người La Mã và đã phát triển mạnh trong nhiều thế kỷ
Niharika Anand

Berlin Map | City Map of Berlin, Germany - 0 views

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    Berlin Map - Berlin is the capital of Germany as well as one of the 16 states of the country. The map of Berlin provides detailed information about the city like major landmarks, roads, rails, airports etc
Niharika Anand

untitled - 0 views

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    Tsai Ing-wen, 59, was elected Taiwan's first female President on January 16, 2016. The former law professor & leader of opposition Democratic Progressive Party
eldmandate

Secure your Fleet by Complying with the ELog Mandate - ELD Mandate - 0 views

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    The much-discussed ELog Mandate was declared by the FMCSA in order to introduce a smoother, safer and faster method of tracking and recording the Hours of Duty Status of truckers. In the previous paper logbook method, accuracy in the documentation could not always be expected since the logbook could be easily altered or a mistake could happen while filling it out. Hence, the ELog mandate made it mandatory for all fleet operators to install an electronic logging device in their vehicles which had to be implemented by December 18, 2017. However, the time limit to comply with this rule had been extended to 1stApril, 2018. One can still abide by this mandate within December 16, 2019 if an AOBRD was purchased in advance of Dec 18, 2017. Here is how an electronic logging device protects your commercial fleet.
crescent crave

Job Vacancies Royal Bank of Canada - 0 views

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    Jobs Abroad, Work Abroad, International Jobs Online - The Royal Bank of Canada or also known as Banque Royale du Canada in French is a multinational financial services company. It is the largest bank in Canada. It serves more the 16 million clients and has 80,000 employees in the world. The company is based in Toronto, Ontario and it was founded in 1864 in Halifax, Nova Scotia.
Himalayan Local Guide

Manaslu TREK - 16 DAYS | COST | ITINEARY | DIFFICULTY - 0 views

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    Manaslu trek is one of the Amazing trips in the Gorkha District region. The Manaslu (8,165m) Height Himal trekking routes opened in 1992 which offers a combination of lush cultural heritage.It is in Gorkha District. Manaslu was first climbed Toshi Imanishi on 9 may 1956.
asianhospitality

MARK SERGOT IS IHG'S NEW VP FOR GLOBAL SALES AND ENABLEMENT - 0 views

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    Mark Sergot is InterContinental Hotels Group's new vice president for global sales operations and enablement. Previously he was chief sales officer for Associated Luxury Hotels International. Sergot spent 16 years at FRHI Hotels & Resorts, the parent company of the Fairmont, Raffles & Swissotel brands. He became FRHI's senior vice president for its global sales organization. He will be based on the company's Americas headquarters in Atlanta and report to global sales Vice President Derek DeCross.
asianhospitality

STR: U.S. hotel RevPAR recovered 83 percent in 2021 - 0 views

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    REVPAR FOR U.S. hotels recovered to 83.2 percent of 2019 levels in 2021, according to STR. Also, in December 2021, ADR and RevPAR hit all-time highs. U.S. hotel occupancy in 2021 was 57.6 percent, down 12.6 percent when compared to 2019. ADR for the year was $124.67, down just 4.8 percent from 2019. RevPAR at $71.87, down 16.8 percent when compared to two years ago. "In addition to 2020, U.S. hotel occupancy failed to reach 60 percent for just the second time since 2011," STR said. "On a nominal basis, 2021 ADR was the fourth highest on record. The country's RevPAR level was its second lowest in eight years behind only 2020." According to the report, none of the top 25 markets experienced an occupancy increase last year over 2019. Tampa reported the highest occupancy at 68.4 percent, down 5.2 percent from 2019. The largest ADR increase in 2021 was in Miami, up 14.7 percent to $223.49, compared to 2019. Norfolk/Virginia Beach registered the highest growth in RevPAR, up 7.7 percent to $72.31.
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