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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Hotel Owner

OCTOBER 17, 2023

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.” If sold for £31.8m, the purchaser can expect a running yield of around 8.5%

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Hotel Owner

NOVEMBER 17, 2022

To help meet these targets Hunt confirmed that the income tax personal allowance threshold will be frozen until 2028, meaning many people will pay more in tax as wages increase but the current tax bands remain the same. In addition, a temporary 45% levy on electricity generators will be introduced. an hour for over-23s to £10.42

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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. The hotel’s kitchen garden is home to three poly tunnels and 20 ‘no-dig’ beds.

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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.

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NCC USA

NOVEMBER 29, 2022

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. Market data shows sales of kiosks topped $234.6 The Benefits of Doing it Right.

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Hotel Business

OCTOBER 26, 2023

International RevPAR growth was driven by higher occupancy levels and stronger pricing power in connection with COVID recovery, and compared to 2019 grew 45% on a constant-currency basis, a 120 basis point acceleration from second quarter 2023 growth. Compared to 2019 to neutralize for COVID-impacted travel patterns, U.S. Development On Sept.

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