01/12/2013
Positive Forecasts For Hotel Industry May Bode Well for REIT Investors
Bright days may be ahead for the U.S. lodging industry, which is projected to enjoy gains in occupancy, average daily rate (ADR) and revenue per available room (RevPAR) this year and next, according to new forecasts from industry researchers.
01/06/2013
Considering a REIT? Do Your Homework First
One type of investment that can sometimes, though not guaranteed, provide distributions to investors is commercial real estate. This may include regional shopping malls, apartments, office buildings, shopping centers and hotels.
12/03/2012
Apple REIT Six to Merge with Blackstone Affiliate in $1.2B Deal
Less than one month after rejecting an unsolicited tender offer by a group led by MacKenzie Capital Management L.P., Apple REIT Six Inc. has signed a deal to be acquired by BRE Select Hotels Corp., an affiliate of Blackstone Real Estate Partners VII.
07/05/2012
Planning commission okays Shockoe hotel
Richmond's planning commission on Monday unanimously approved a proposed Shockoe Slip hotel. The six-story, 210-room Marriott project will go before the council for final approval July 9, 2012.
06/29/2012
Hotel profits up - growth expected through 2015
According to STR's recently released 2012 HOST Study, the 3,593 limited-service hotels sampled in the United States reported gross operating profit of 48.8 percent during 2011 - an increase from 48 percent during 2010.
06/08/2012
Hotels' Future Is Looking Green
More and more hotel properties today are instituting environmentally friendly programs designed to save water and energy and reduce solid waste.
05/31/2012
REITs and Sustainability
Building sustainability is a hot topic right now in the world of Real Estate Investment Trusts (REITs). Property owners and commercial real estate companies in the U.S. have generally lagged behind their counterparts in many other countries when it comes to green building initiatives, but this is starting to change
01/28/2012
Marriott, Zell share insights, opinions on real estate and cash in hand
Video interview with Sam Marriott speaking at the Los Angeles Nokia Theater in a session with real-estate guru Sam Zell of Equity Group Investments.
01/24/2012
US Hotel Data Paints Picture of Recovery
The opening general session of Americas Lodging Investment Summit in Los Angeles presented the most pressing data points for the U.S. hotel industry - and they point to recovery.
01/09/2012
Research Firm Releases Optimistic Forecast for the Hotel Industry
STR Global, an independent hotel research firm, has released an optimistic forecast for the hotel industry.
11/14/2011
Apple REIT Six, Inc. Reports Results for the Third Quarter of 2011
Apple REIT Six, Inc. ("Apple Six"), a real estate investment trust (REIT) that owns 66 Marriott- and Hilton-branded hotels, has reported results of operations for the third quarter of 2011 on its form 10-Q filed with the Securities and Exchange Commission (SEC).
11/14/2011
Apple REIT Seven, Inc. Reports Results for the Third Quarter of 2011
Apple REIT Seven, Inc. ("Apple Seven"), a real estate investment trust (REIT) that owns 51 Marriott and Hilton-branded hotels, has reported results of operations for the third quarter of 2011 on its form 10-Q filed with the Securities and Exchange Commission (SEC).
11/14/2011
Apple REIT Eight, Inc. Reports Results for the Third Quarter of 2011
Apple REIT Eight, Inc. ("Apple Eight"), a real estate investment trust (REIT) that owns 51 Marriott- and Hilton-branded hotels, has reported results of operations for the third quarter of 2011 on its form 10-Q filed with the Securities and Exchange Commission (SEC)
11/14/2011
Apple REIT Nine, Inc. Reports Results for the Third Quarter of 2011
Apple REIT Nine, Inc. ("Apple Nine"), a real estate investment trust (REIT) that owns 87 Marriott- and Hilton-branded hotels and 110 parcels of land leased to a third party, has reported results of operations for the third quarter of 2011 on its form 10-Q filed with the Securities and Exchange Commission (SEC).
11/11/2011
Apple REIT Ten Acquires Fairfield Inn, South Bend, Indiana
Apple REIT Ten, Inc. stated in recent SEC filing that it completed the acquisition of a Fairfield Inn in South Bend, Indiana. South Bend is home to 8 colleges and universities and jus "steps away" from the University of Notre Dame.
11/09/2011
REIT Buying Oceanside Hotel
A subsidiary of Apple REIT 10, a Virginia-based real estate investment trust that holds hotel properties, has agreed to pay 30.5 million dollars for a Courtyard by Marriott under construction in Oceanside CA.
10/21/2011
Five Reasons Why Hotels Will Outgain the Economy
Despite the somewhat troubling issues we face HotelNewsNow examines five reasons why U.S. hotels will weather the storm quite well.
10/21/2011
Hotels report strong September performance
The U.S. hotel industry reported a revenue-per-available-room increase of 10 percent during September, the largest RevPAR increase since March, according to data from STR.
10/07/2011
Apple REIT Deals Continue Despite Slower Market
While many hotel REITs watched as their capital bases dropped from underneath them, the Richmond, Virginia-based Apple REIT Companies are continuing to acquire as they have been said president Justin G. Knight at last month's Lodging Conference.
10/07/2011
Apple REIT listed at Number 4 on the Hotel BusinessTop 100 list
Throughout the year Hotel Business Magazine publishes a number of proprietary surveys. Apple REIT placed at number 4 on the Owner and Developer list in 2011 .
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