Looking Under the Hood: The Catalysts of Hotel Credit Spreads
A new report from the Center for Hospitality Research (CHR) highlights the factors that drive the interest-rate spread between loans for hotels and office buildings.
Join us at this complimentary webinar, Thursday April 2nd, 2pm EDT. Expert speakers from Marriott International, Travelocity and Gonzo Marketing - discuss the secrets to successful brand story-telling and how to gain competitive edge.
In year-over-year comparisons, occupancy was up 0.4 percent to 61.6 percent; average daily rate decreased 0.2 percent to CAD$129.53; and revenue per available room increased 0.2 percent to CAD$79.74.
In year-over-year measurements, the industry's occupancy rose 3.2 percent to 69.3 percent. Average daily rate increased 6.6 percent to finish the week at US$122.46. Revenue per available room for the week was up 10.0 percent to finish at US$84.89.
The Middle East/Africa region reported positive year-over-year results in two of the three major performance metrics during February 2015 when reported in U.S. dollars, according to data compiled by STR Global.
Hotels in the Asia Pacific region experienced negative year-over-year results in the three key performance metrics during February 2015 when reported in U.S. dollars, according to data compiled by STR Global.