What Do Empty Office Buildings Mean for the Economy?
Cornell real estate professors discuss how low office building occupancy impacts investors and developers and whether it’s a temporary phenomenon.
Source: cornell.edu
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A Glimmer of Hope Amidst a Hemorrhage | By Crocker Liu – Hospitality Net
Robert M. White Prices of hotels along the east coast continue to drop, although the rate of decline has moderated. Hotels on the west coast enjoyed positive price momentum, both on a quarter-over-quarter or year-over-year basis. Hotels in gateway cities exhibited poorer price performance than those in non-gateway cities. Our moving average trendlines and standardized unexpected price performance metrics indicate a positive price reversal for large hotels, while the hemorrhaging continues for small hotels. There are indications that lenders are more willing to finance hotels going beyond be...
Source: hospitalitynet.org