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dc.contributor.authorLiu, Crocker
dc.contributor.authorNowak, Adam
dc.contributor.authorWhite, Robert Jr
dc.date.accessioned2021-01-20T14:57:07Z
dc.date.available2021-01-20T14:57:07Z
dc.date.issued2021-01-20
dc.identifier.urihttps://hdl.handle.net/1813/102788
dc.description.abstractPrices 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.language.isoenen_US
dc.rightsAttribution 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/*
dc.subjecthotelsen_US
dc.subjectpricingen_US
dc.subjectgateway citiesen_US
dc.titleA Glimmer of Hope Amidst a Hemorrhageen_US
dc.typearticleen_US


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