A Glimmer of Hope Amidst a Hemorrhage
| dc.contributor.author | Liu, Crocker | |
| dc.contributor.author | Nowak, Adam | |
| dc.contributor.author | White, Robert Jr | |
| dc.date.accessioned | 2021-01-20T14:57:07Z | |
| dc.date.available | 2021-01-20T14:57:07Z | |
| dc.date.issued | 2021-01-20 | |
| dc.description.abstract | 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 best-in-class hotel properties, although the cost of financing and the relative risk premium remain high. This is report number 37 of the index series. | en_US |
| dc.identifier.uri | https://hdl.handle.net/1813/102788 | |
| dc.language.iso | en | en_US |
| dc.rights | Attribution 4.0 International | * |
| dc.rights.uri | http://creativecommons.org/licenses/by/4.0/ | * |
| dc.subject | hotels | en_US |
| dc.subject | pricing | en_US |
| dc.subject | gateway cities | en_US |
| dc.title | A Glimmer of Hope Amidst a Hemorrhage | en_US |
| dc.type | article | en_US |