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The cost for a hotel in Waikiki, Maui or Kauai has been going up. The Hawaii Tourism Authority (HTA)Research Division issued the report’s findings utilizing data compiled by STR, Inc., which conducts the largest and most comprehensive survey of hotel properties in the Hawaiian Islands. The trend for Hotel room costs in Hawaii is on an upswing, which is good news for hotels and bad news for visitors. Through the first nine months of 2019, Hawaii hotels statewide reported slight growth in both revenue per available room (RevPAR) and average daily rate (ADR) compared to the same period in 2018...

Joe Raedle/Getty Image Commercial real estate — hotels, malls, offices — are facing down massive post-pandemic problems. We can all see the work from home and ecommerce trends coming and the CRE disaster seems like a slow motion trainwreck. And that trainwreck could drag the rest of the US economy down with it. This is an opinion column. The thoughts expressed are those of the author. Back in 2016, a colleague of mine, Michelle Wuc ker, published a terrific book entitled "The Gray Rhino." The title alludes to humans stalking the grey rhinoceros, a species wid...

Commercial real estate is stuck in a slow motion train wreck insider@insider.com (Daniel Alpert) © Joe Raedle/Getty Image A shopper walks past vacant store fronts at the Mall of the Americas on April 07, 2021 in Miami, Florida. Joe Raedle/Getty Image Commercial real estate - hotels, malls, offices - are facing down massive post-pandemic problems. We can all see the work from home and ecommerce trends coming and the CRE disaster seems like a slow motion trainwreck. And that trainwreck could drag the rest of the US economy down with it. This is an opinion column. The thoughts...

Year-to-date, the statistics for statewide hotel RevPAR and occupancy were much lower compared to the first four months of 2020. | eTurboNews | Trends | Travel News Online | Hawaii Travel News

Xenia Hotels & Resorts Reports First Quarter 2021 Results News provided by Share this article Share this article ORLANDO, Fla., May 6, 2021 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced results for the quarter ended March 31, 2021. First Quarter 2021 Highlights Adjusted EBITDAre: Adjusted EBITDAre was $(3.6) million. Adjusted FFO per Diluted Share: Adjusted FFO per diluted share was $(0.18). Same-Property RevPAR: The Company had its entire Same-Property portfolio (34 properties) open and operating during the first quarter. These propert...