Sentences with phrase «average occupancy at»

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.
A Fannie Mae Multifamily Market Commentary recently reported that the average occupancy at university - owned residence halls nationwide is expected to exceed 97.5 % through 2017.
Why had they been unable to maintain their average occupancies at historical levels?

Not exact matches

The most immediate challenge is upgrading its marketing efforts, since the lodge's occupancy rates have been flagging at 37 %, compared with a regional average near 57 %.
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.
They also have relatively higher occupancy at 61 % compared to Kenya at 55 % on average between 2013 and 2016, showing Ghana would be a better hotel investment location compared to Kenya.
Particularly when you consider average rent & new rent (at EUR 5.13 per sqm) levels have been increasing, and occupancy's been stable.
Shelter average occupancy was maintained at 96 % with almost 60 % establishing a case plan.
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.
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 %.
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 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.
Occupancy at our Adina Apartment Hotel Checkpoint Charlie in Berlin — our first property to open in Germany — averaged 80 % over the last 12 months.
At Singapore's Resort World Sentosa in 2015, an occupancy rate of 92 % was achieved compared to an average of 85 % for the city.
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.
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.
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.
Leading sales / leasing agent at current property; maintaining an average occupancy in excess of 95 %.
Chicago is experiencing high occupancies that average 97 %, while rents are growing at a rate of 5 % to 7 % per year, according to Equity Residential.
The average VRBO (vacation rentals by owner) price per night throughout the year is about $ 130 per night, so at 45 % occupancy (conservative), you rent for 165 nights a year for a total gross profit of $ 21,450 a year.
At 54 units, an average of $ 723 monthly rental, and a 97 % occupancy rate, I am seeing something closer to $ 455k in annual income, but you listed more than $ 723k in annual income, where is the extra money coming from?
MPF's forecast for 2015 called for occupancy at the end of the first quarter the percentage of vacant apartments to rise by about 40 basis points, and for rents to keep growing, but less quickly than last years, at an average rate of about 3.6 percent to 3.9 percent a year.
«Average occupancy has increased to more than 91 percent, and new supply was at less than 100 new properties last year.
Occupancy rates at New York City hotels averaged 84.4 % in the first half of 2000, breaking the previous record for the January to June time period.
In the fourth quarter of 2012, occupancy at seniors housing facilities around the country averaged 89.1 percent, according to a report from RCA.
House of Multiple Occupancies (HMO's) or room rentals as an investment option is getting investors cash flow returns in excess of 15 % per annum in many cases and the average investor looks at it and says, «it is too good to be true.»
Comparable mall store occupancy increased 2.0 % to 86.8 % from 84.8 % at June 30, 2001, and comparable mall store average rents increased 0.4 % to $ 21.89 per sq. ft. Mall store average rents are $ 23.25 per sq. ft. Regional mall anchor occupancy was 94.7 %, compared to 95.7 % in 2001, while average anchor rents increased to $ 5.39 per sq. ft. from $ 5.35 in the second quarter of 2001.
It's clear to many that Atlanta's apartment market is hot: effective rents grew by an average of 7.14 percent in the 12 - month period ending in August, according to Axiometrics, and the metro area's occupancy rate stood slightly over 94 percent at the end of the same month.
The average occupancy rate in Orlando is 96 per cent, while at Bermuda Dunes the number holds a solid 100 per cent, the company says.
During the past four years, occupancy has averaged just slightly higher at 89.7 %.
Still, New York's average monthly rents are by far the highest in the country at $ 3,269, and its occupancy rate of 97.7 percent is the tightest anywhere.
The all occupancy rate, which includes properties still in lease up, was relatively, but unsurprisingly, low at 86.7 % (below the regional average of 88.2 % and below the national average of 89.6 %).
Occupancy is expected to average 94.6 % in 2017, rising to 94.8 % in 2018 and 95.2 % in 2019, exceeding the magical 95 % at which a market is considered full.
By: Rick Kleiner, MBA TREND Report September 2011 With the signing of two of the quarter's largest office leases for new space, occupancy at 333 East Wetmore has reached 90 %, outpacing the market average of 87.5 % and achieving the highest... Continue reading >>
Average occupancy was measured at a recent low of 93.1 % in March, which is 60 basis points lower year over year.
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.
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.
«Assuming that the occupancy at the Kimsouth portfolio can be raised from 85 % to 90 %, and assuming that average rents for non-anchor space is $ 11, this increase would represent an increase of $ 1.2 million to Kimco or slightly higher than, $ 0.01 per share,» he wrote in a recent report on the transaction.
Based on Statistics Canada census data that estimate the average occupancy per household at 2.6 people, more than 600,000 Canadians will experience moving in the first eight months of this year.
We anticipate having 500 + properties under management by the end of 2014 and would like to see our average length of occupancy at over 3 years.
With increased occupancy, hoteliers are expected to increase their average daily rates (ADR — a key metric for determining health in the industry) at an average annual pace of over 5 % from 2015 through 2017.
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