Hotels
Lodge REITs: Selecting A Winner
martince2 COVID hit Lodge REITs additional exhausting, however this yr has seen a substantial amount of leisure journey inside the US Information from the Transportation Security Administration reveals that journey passengers, as a share of 2019 ranges, reached basically 100% in July of this yr, after diving to close zero in April 2020. Hoya Capital Earnings Builder Based on Hoya Capital’s analysis, resort occupancy is again to 96% of the 2019 fee, whereas ADR (common every day room fee) is up 11% and RevPAR (income per out there room) is up 7%. Nonetheless, when inflation is taken into consideration, ADR…
Hotels
MetLife Funding Administration LLC Has $3.77 Million Holdings in Host Motels & Resorts, Inc. (NASDAQ:HST)
MetLife Funding Administration LLC raised its place in Host Motels & Resorts, Inc. (NASDAQ:HST – Get Ranking) by 23.1% in the course of the first quarter, in line with its most up-to-date submitting with the SEC. The agency owned 194,133 shares of the corporate’s inventory after buying an extra 36,374 shares in the course of the interval. MetLife Funding Administration LLC’s holdings in Host Motels & Resorts had been price $3,772,000 as of its most up-to-date submitting with the SEC. Different institutional buyers have additionally just lately modified their holdings of the corporate. Tcwp LLC acquired a brand new place…
Hotels
Suggestions and tips to scale up your backside strains this Valentine’s
Love is within the air and it is a lovely time for eating places to ramp up their footfall by attracting love birds and singles alike. The discretionary spending of shoppers surge by an ideal margin throughout Valentine’s week and in accordance with the Retail Promoting and Advertising Affiliation, about 13 billion {dollars} is spent by shoppers every year round this time. So faucet into the huge potential and be sure to’re within the lead this Valentine’s Day by adopting the following tips and tips which can work wonders in your backside strains! 1. Particular Reductions and Provides Convey…
Hotels
9 trends in AI in restaurants
Technology is rapidly evolving in businesses, and the restaurant industry is no exception. Restaurateurs are learning that utilizing technology can make their operations smoother, growing their business. Advancements like AI in restaurants have made technology more accessible to businesses, introducing conversational language to make it easier for business owners, staff and customers to interact with technology. The great thing about AI is that it’s a technology that can cater directly to your business needs. Don’t worry – this isn’t a technology that will take over your business, rather work for you, improving operations and streamlining your kitchen. And even better,…
Hotels
Park Hotels & Resorts Inc. (NYSE:PK) Shares Sold by Dimensional Fund Advisors LP
Dimensional Fund Advisors LP decreased its holdings in Park Hotels & Resorts Inc. (NYSE:PK – Get Rating) by 4.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,908,699 shares of the financial services provider’s stock after selling 148,720 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Park Hotels & Resorts were worth $34,293,000 as of its most recent SEC filing. A number of other institutional investors have also recently made changes to their positions in the business. Treasurer of the State of North Carolina boosted…
Hotels
American Hotel Income Properties REIT (OTCMKTS:AHOTF) Price Target Raised to C$3.00 at National Bank Financial
American Hotel Income Properties REIT (OTCMKTS:AHOTF – Get Rating) had its price objective hoisted by National Bank Financial to C$3.00 in a research report released on Monday morning, The Fly reports. Separately, Scotiabank dropped their price objective on American Hotel Income Properties REIT from C$3.75 to C$3.50 in a report on Tuesday, March 7th. American Hotel Income Properties REIT Stock Performance AHOTF opened at $1.90 on Monday. American Hotel Income Properties REIT has a one year low of $1.69 and a one year high of $3.06. The business’s 50-day simple moving average is $1.84 and its 200-day simple moving average…