News from
What Are Cap Rates and How to Use Them
2024-11-04 16:59:05| Hotel Resource
A capitalization rate, or cap rate, is a measure of the income return on an asset, such as hotel or rental property, relative to its purchase price. It is calculated by dividing the net operating income (NOI) of the asset by its purchase price. Thats what this piece is all about.
Category:
Hospitality
LATEST NEWS
The Impact of Event and Pop Culture Tourism on Global Destinations
2024-11-04 16:54:39| Hotel Resource
The economic impact of mega&events and pop culture tourism can be significant, but the benefits often depend on how well destinations are prepared for the influx.
Category:
Hospitality
For the week ending October 26th U.S. Hotel Industry Experiences Significant Growth, Boosted by Major Events and Hurricane Recovery Efforts
2024-11-04 16:34:55| Hotel Resource
The U.S. hotel sector enjoyed significant gains, with RevPAR growing by 9.3% year over year, primarily due to equal improvements in occupancy and average daily rate (ADR).
Category:
Hospitality