Sentences with phrase «average occupancies of»

Across its portfolio, Welltower has average occupancies of about 90 percent, with annual rental rate growth that is averaging between 3 and 4 percent.
As general manager of the newly opened 338 - room JA Ocean View Hotel, Kurzendorfer will focus on building on the property's initial successes, which include recognition as the «Middle East's Leading New Hotel» at the 2013 World Travel Awards and an average occupancy of 83 per cent since opening in January this year.
Created by Frasers to meet the evolving needs of e-generation business travellers, the new urban - inspired hotel residence brand concept Capri by Fraser, is attracting strong market interest with its first property in Singapore enjoying a steady average occupancy of more than 80 per cent since it soft opened in September 2012.
So the 118 - mile long, 6 - 8 lane UK M25 expressway can accommodate 53,000 car passengers (with an average occupancy of 1.6 / car) traveling at 30 mph, but only 19,000 passengers traveling at 60 mph.
The portfolios have an average occupancy of approximately 96 percent.
Vacancies are numerous in the Class C product segment, which has averaged occupancy of just 87.6 % in this cycle.
The first portfolio, including 21 properties with 1,924 units and an average occupancy of 91 %, is made up of 5.7 % IL, 15.9 % MC and 78.4 % AL units.
The pair also closed a $ 140.3 million (or $ 117,900 per unit), seven - year loan through Freddie Mac for a portfolio of 18 properties, which consists of 1,190 total units (22.9 % MC and 77.1 % AL) and an average occupancy of 88 %.
The first portfolio, including 21 properties with 1,924 units and an average occupancy of 91 %, is made up of 5.7 % IL, 15.9 % MC and -LSB-...]
Overall, the weighted market average occupancy of the quality hotels in the Russian capital had risen 2.6 ppt.
Madrona Ridge Residential, Security Properties integrated management company, will oversee day to day operations at the assets, which had an average occupancy of 97 percent at the time of sale.

Not exact matches

According to the company, hotels have an average occupancy rate of 65 %, meaning 1 in 3 rooms are typically going to waste.
For several years, surplus rooms plagued hotelmen, but recently occupancy rates have reached a profitable average of 70 percent.
«Occupancies and rents are already near historical highs, pushing net operating income growth to about 5 %, which isn't sustainable relative to the historical average of 2.5 % to 3 %,» Hill says.
Small down payments, rosy occupancy assumptions, and cheerful average rent projections have a habit of combining to form a trifecta of fiscal disaster for the unwary speculator who mistakenly believes he is acting like an investor.
At the other end of the spectrum, France reported low occupancy rates: they have fallen on average since 2015 and outlook indicators suggest that providers expect them to drop further.
REVPAR at the company's comparable systemwide North American full - service and luxury hotels (including Marriott Hotels & Resorts, The Ritz - Carlton and Renaissance Hotels & Resorts) increased 5.5 percent with a 3.7 percent increase in occupancy and an average daily rate decline of 0.3 percent.
Its special counsel for the project, attorney William Weir, said the study would determine, among other things, whether the hotel would boost tourism in the county or just «cannibalize» the existing hotel market, which has an average occupancy rate of 65 percent.
Saratoga County, which has seen perhaps the greatest increase in hotel rooms, saw the average occupancy rate for the first half of the year fall to 56.0 percent from 58.5 percent in 2016's first half and 68.7 percent in the first half of 2015.
Blazosky stated, «Oneida County's hotel industry has made sound gains from the economic downturn of 2009 and is now surpassing 2008 levels for occupancy, average daily rate, revenues, and demand for rooms, and has done so while adding 250 rooms to the available inventory with the opening of the Microtel Inn & Suites and the Fairfield Inn & Suites in Verona and the Wingate in Rome.»
Using occupancy modeling to control for variation in detectability, we show substantial (∼ 500 meters on average) upward changes in elevational limits for half of 28 species monitored, consistent with the observed ∼ 3 °C increase in minimum temperatures.
Average portfolio occupancy of 91 % looks pretty healthy, but tends to understate underlying portfolio strength.
For other Eligible Educational Institutions, the refund will equal the statewide average for eligible double - occupancy, air - conditioned dormitory rooms payable by your plan in the State of Florida.
Increase your average length of occupancy by renting to tenants who tend to be loyal to the complex that welcomes their furry family member.
River cruise vessels are smaller — about a tenth the size of an average ocean cruise liner — and are more intimate with a maximum occupancy of 150 - 200 passengers.
The results were aided by a healthy March performance when guest arrivals rose nine per cent on the same month last year to stand at 230,974 which translated into 761,834 guest nights — a 26 per cent month - on - month increase with total revenues climbing 18 per cent to AED502 million, average - length - of - stay edging up 16 per cent and occupancy rising seven per cent to 74 per cent.
According to the report, average hotel occupancy rates reached 64 per cent from January to the end of March, and revenues of four and five star establishments stood at QR734, 349 million, an increase of QR32 million compared to the same period in 2011.
In the first half of 2014, the average hotel occupancy rate rose to 74 per cent from 67 per cent last year, assisted by a 1.9 per cent decrease in available rooms due to renovation - related closures.
According to the report, average hotel occupancy rates reached 64 per cent compared to 68 per cent during the first quarter of 2011.
The number of hotels and hotel apartments also grew 16 per cent, while hotels sustained a healthy occupancy rate of 71.7 per cent on average despite the increase in number of hotel rooms.
During the first four months of 2012, the beachfront resorts recorded extended periods of high occupancy averaging at 84.4 %, while RevPAR, the industry standard for measuring the rooms» revenue in relation to rooms available, has grown by 18.7 %.
According to the Cancun and Puerto Morelos Hotel Association, the city's average hotel occupancy rate reached an all - time high of 82 per cent.
Mr Al Nuaimi's revealed that average room occupancy rate for hotels in the third quarter for the period from July to September 2011 was 48 percent, compared with an average room occupancy rate (44 %) during the same period of 2010.
Meanwhile July recorded average occupancy rates of 50 percent versus 48 percent last year.
The quarter one results were aided by a healthy March performance when guest arrivals rose nine per cent on the same month in 2012 to stand at 230,974 which translated into 761,834 guest nights - a 26 per cent month on month increase with total revenues climbing 18 per cent, average length of stay edging up 16 per cent and occupancy rising seven per cent to 74 per cent.
Since the opening of the first phase two years ago, the beachfront resort located on Florida's well known Singer Island at 3200 North Ocean Drive in Riviera Beach has maintained ninety percent plus average annual occupancy levels presenting significant demand for the second and final tower.
In 2011 alone, more than 100,000 rooms were added along this sandy stretch of heaven on earth, and with hotel occupancy reaching an average rate of 70.6 percent, it's easy to see why.
We saw growth in occupancy, length of stay, and average nightly rate.
The property brings in between 34k and 45k each year and has a constant average occupancy rate of 50 percent....
At Singapore's Resort World Sentosa in 2015, an occupancy rate of 92 % was achieved compared to an average of 85 % for the city.
Colliers concluded that the closer a hotel is to a theme park, the stronger its performance will be in the key metrics of occupancy, Average Daily Rate (ADR) and RevPAR, the decade after opening.
BTN said the average amount paid for a San Francisco hotel stay in 2015 was $ 370.78 per night, including $ 52.36 in sales tax, occupancy tax and surcharges — an increase of 9.6 percent over 2014.
That compares with the national average of daily rates that increased just 4.2 percent (to $ 127) and occupancy of 70.5 percent, a gain of 1.9 percent.
Jumeirah's Dubai beachfront properties — which include the Burj al Arab, Jumeirah Beach Hotel and the Madinat Jumeirah — registered occupancy of 92.5 percent in April and an average of 89 percent in February and March.
He uses a figure of 40 kWh for car energy use per average affluent Brit per day, which equates to about 50 km per day per car (occupancy average about 1.7) for the next few chapters in his energy balance, but I can not find anywhere where he then scales this up, but I may be wrong, I haven't re-read the whole book.
But another issue was the internal heat gain assumptions — two people in a 45 sqm house at standard occupancy would provide an average of 2 W / m2 just with body heat.
After adjusting for factors including age and occupancy levels, the University of California researchers figured that green certification added an average of $ 5 million to the market value of each green office building.
On average, forest patches retained 3.9 out of 18 potential species occupancies, and geographic ranges had contracted to 0 — 14.4 % of their former distributions, including five large - bodied species that had been extirpated at a regional scale.
I started by collecting a bunch of data from government sources: the average commuting distance by U.S. workers; the breakdown of commuting by modes of transportation (76 % is in single - occupancy vehicles); the average fuel economy of our vehicles (21 mpg); and building occupancy in square feet per office worker.
Certified National Apartment Leasing Professional (NALP) who approaches the job with tenacity enthusiasm creativity and professionalism.Accurate financial record keeping targeted marketing and a higher than average occupancy rate of 85 percent are a result of attention to detail and a highly developed sense of organization.
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