Hotel Business

JANUARY 4, 2024

Pebblebrook Hotel Trust has extended approximately $357 million of its $460 million October 2024 maturity term loan to 2028. Pricing on all the company’s term loans remained unchanged and is based on a pricing grid of 140 to 245 basis points over the applicable adjusted term SOFR. “We The company paid down approximately $157.6

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Document Pricing Accounting Marketing 59

Hotel Owner

OCTOBER 17, 2023

The Leonardo Hotel at St James Gate in Newcastle has been brought to market on behalf of a UK investment fund, with offers of over £31.8m this year, rising to 9.86% in 2028, and 11.05% in 2033. The investment is priced attractively and at the quoted price it is also substantially underpinned by its vacant possession value.”

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Marketing Budgeting Pricing Presentation 98

Boutique Hotelier

NOVEMBER 21, 2022

Raithwaite Sandsend has come to the market with an asking price of £12m. The hotel set itself a target to reach net zero carbon by 2028 , a plan which will involve a significant reduction in their carbon emissions, in addition to ongoing offsetting. Knight Frank is marketing the opportunity for offers in excess of £12,000,000.

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Pricing Marketing 80

Serviced Apartments

JANUARY 19, 2024

The uplift in revenue and improved margins are testament of Ascott’s ability to leverage pricing power and meet market demand, contributing to an overall enhanced financial performance of the Oakwood portfolio post-acquisition. The strategic benefits of inorganic expansion extend beyond incremental growth.

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Travel and Tourism Scheduling Catering Marketing 52

Hotel Business

OCTOBER 26, 2023

Our economy brands gained market share domestically amidst a backdrop of normalizing U.S. Adjusted EBITDA increased 5% to $200 million primarily reflecting higher fee-related and other revenues as well as marketing fund variability. economy brands gained market share of 100 basis points in the third quarter.

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NCC USA

NOVEMBER 29, 2022

Market data shows sales of kiosks topped $234.6 million in 2021 and are projected to grow to $665 million in 2028, sporting an impressive 16% CAGR. With radical fluctuations in the supply chain and inflation, you need to be agile with changing your menu and pricing. The Benefits of Doing it Right.

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POS Systems Server Pricing Communication 52

Hotel Business

FEBRUARY 16, 2023

We continue to experience positive momentum in the markets in which we operate and are optimistic about the year ahead.” In the fourth quarter of 2022, the RevPAR recovery continued to be powered by strong pricing with leisure transient and group average rates up 19% and 15% compared to 2019 levels, respectively.

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Pricing Property Management Marketing 52