Sentences with phrase «average occupancy»

The first quarter of 2013 marked the first time since the second quarter of 2010 that the seniors housing average occupancy rate failed to rise.

The 27 medical office properties to be purchased have a current average occupancy of approximately 95 % and are leased primarily to medical services providers and other tenants in medical - related businesses.

Revenue Per Available Room rose 3 %, and annual average occupancy reached a new record high.

The seniors housing average occupancy rate has risen consistently during the past nine quarters and is 1.6 percentage points above its cyclical low of 87 percent in the first quarter of 2010.

For example, Centro holds dozens of properties in Florida, Georgia and Ohio with average occupancies in the low and mid-80s, according to Keven Lindemann, director with the real estate group at SNL Financial LC, a Charlottesville, Va. - based research firm.

That means hotels and inns with average occupancy exceeding 85 % and a movement of money «democratic» it benefits the seller of acaraje and coconut to taxi drivers, pubs and restaurants.

Despite an 8 % increase YoY in new supply, Ho Chi Minh City continued its robust trend with high average occupancy at approximately 95 % and average grade A rents up 8 % YoY.

New York still dominates the country's hotel market for room stay, with the highest average occupancy rate at 85 percent for the past two years, and an average daily rate (ADR) of $ 263.45, according to a recent report from commercial real estate services firm JLL.

Right now, the portfolio features a weighted average occupancy rate of 97.6 percent.

Sabra's current average occupancy rate of 88.2 % is in line with the national nursing home occupancy rate of 88.5 % based on third - quarter data, according to the National Investment Center for the Seniors Housing & Care Industry.

Meanwhile July recorded average occupancy rates of 50 percent versus 48 percent last year.

Combined with healthy demand, last year's limited inventory expansion helped push average occupancy to 95.6 percent.

Shelter average occupancy was maintained at 96 % with almost 60 % establishing a case plan.

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.

The property brings in between 34k and 45k each year and has a constant average occupancy rate of 50 percent....

They are posting strong average occupancy rates, despite competition from both full - service hotels and home sharing companies like Airbnb.

Most apartment REITs also reported a boost in year - over-year average occupancy in the second quarter, which typically hovered around 95 %.

And that portfolio boasted an overall occupancy of 91 percent, which trails other shopping center REIT average occupancies by about 100 basis points.

Smith noted that average occupancies nationwide dipped to 59 % in 2001, which is the first time overall occupancies have ever dipped below 60 %.

In fact, Ann Arbor's 97.4 % average occupancy over the past two years ranks second nationally, trailing only Madison, WI (another college town that arguably could have made the list).

Occupancy rates this high are strong for any market, but compared to the long - term average occupancy in Athens (92.2 % from 2000 - 2017), it is easier to see the market's current strength.

Overall, the weighted market average occupancy of the quality hotels in the Russian capital had risen 2.6 ppt.

NewMark Merrill is seeing above average occupancies, at about 95 percent, across its portfolio of community and neighborhood centers.

Overall our averages are going to be lower because we sometimes buy [value - add] product and invest in it to bring it up to higher levels of occupancy, which can skew overall average occupancies.

According to Merrill Lynch vice president Steve Sakwa, the Kimsouth portfolio's low average occupancy rate of 85 % represents a growth opportunity for Kimco, which will collect management fees on the properties.

As we projected in our report «Hurricanes May Revitalize Stumbling Hotels,» storm - related demand help to push annual average occupancy and RevPAR to new record - highs, topping the levels set in 2016.

With current average occupancy rates at more than 97 %, and at 99 % for affordable units, the Beaver Meadow Apartments will give additional options for those seeking housing in the Watertown area.

The combination of moderate but steady growth in demand and moderating growth in supply has helped REITs maintain high average occupancy rates, as shown in Chart 3.

The seniors housing average occupancy rate has risen in six consecutive quarters and is 1.0 percentage points above its cyclical low of 87.1 % in 1Q10.

The communities have a weighted average occupancy rate of 95.7 percent, according to Yardi Matrix data from February 2018.

On this occasion, Nasser Al Nowais, chairman of Rotana, said: «The inauguration of the new hotel reinforces our strategic partnership with Malia Group which began nearly six years ago with the opening of the five - star Erbil Rotana, which has since managed to attract more than half a million guests with an annual average occupancy rate of 70 per cent, indicating the region's tourism potential.

Across its portfolio, Welltower has average occupancies of about 90 percent, with annual rental rate growth that is averaging between 3 and 4 percent.

According to the company, hotels have an average occupancy rate of 65 %, meaning 1 in 3 rooms are typically going to waste.

Cottle estimates that the average occupancy for meeting rooms in coworking spaces is 35 % -40 %, leaving ample room for growth.

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.

The average occupancy rate was around 42 %.

Why had they been unable to maintain their average occupancies at historical levels?

Its flagship Dubai Mall reported a record footfall, whilst Address Hotels recorded an average occupancy of 87 percent.

Currently, the average occupancy rate stands at 60 to 65 percent in Mataram and its surrounding areas and it can reach up to 75 percent in tourist resort areas such as Gili Trawangan in North Lombok and Senggigi, West Lombok.

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.

The association also reported that Cancun was the preferred destination for travellers in Mexico and that its average occupancy rate beat other resort cities like Los Cabos.

The average occupancy rate of Vienna's rooms from January to June 2017 was 69 per cent, with over 80 per cent of all bednights attributable to international guests.

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 % since opening in January this year.

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.

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.

Leading sales / leasing agent at current property; maintaining an average occupancy in excess of 95 %.