Sentences with phrase «high average occupancy»

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.

Not exact matches

The company warned that Shacks opened in new markets «are likely to be less profitable on average than our Manhattan Shacks and may have higher construction, occupancy or operating costs than Shacks we open in existing markets.»

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

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.

«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.

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.

Occupancy remained stable last year edging 0.4 per cent higher from 2010 while average daily rates increased 0.7 per cent STR Global said.

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 %.

In all three locations, MONDO can demonstrate that it has generated superior results in Occupancy and Average Rate against its competition, and has achieved high satisfaction ratings for customers as benchmarked on Trip Advisor (featuring in the top percentile in all locations).

Wailea hotels led in all three tourism measures so far in 2018: Highest RevPAR (average revenue per available room) Highest ADR (average daily rate) Highest occupancy rate (90.8 %).

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.

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.

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.

According to Highwoods CFO Mark Mulhern, its properties are enjoying an average occupancy rate of 93 percent (an all - time high), thanks in part to big companies moving their Internet and technology departments to cities where the cost of living is lower than San Francisco or New York.

Developers Diversified rent increases average 22 percent for new leases and 8 percent for renewals, because occupancy is up to 97 percent from last year's high of 94.4 percent.

Apartment occupancy rate in the city averaged 92.9 percent in mid-2017, down 180 basis points from the high of 2015.

Occupancy averaged above 90 percent in the self - storage sector in 2014, a record high.

«We found that LEED - certified and Energy Star - rated office buildings financially outperform their non-green peers in terms of rental rates and occupancy rates,» he notes, adding that green office buildings achieve rental rates that are, on average, three percent higher than non-green properties.

This goes some way to explain how the average tenancy length has risen by 18 % from 2014, which is great news for investors who are likely to benefit from higher occupancy rates.

Though occupancy rates are still high on average, the markets around many universities are already crowded with extremely expensive new properties.

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.

In the third quarter of 2016, 8 of the 23 markets in the Southeast had seniors housing occupancy rates that were higher than the national average of 89.8 %.

The most recent data for the first quarter reported an occupancy rate for independent living of 91.3 % — just 10 basis points shy of its eight - year high - water mark reached in the fourth quarter of last year — while the occupancy rate for assisted living averaged 88.3 %.

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 >>

Consistent and financially important differences were found in Green House providers» overall occupancy (7 % higher) and private - pay occupancy (a 24 % increase) compared to nursing home averages.

«Occupancies on average are very high, supply on the for sale side is very low, rents are rising as are home prices, so it still feels pretty good,» he said.

The average occupancy rate for seniors housing properties in 1Q11 was 87.9 %, which is 0.2 percentage points higher than the previous quarter and a 0.6 percentage point increase over its cyclical bottom of 87.3 % in 1Q10.

Assisted living occupancies are as high as they've ever been, and the average age of residents in facilities has increased only slightly.

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 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 occupancy in Athens (92.2 % from 2000 - 2017), it is easier to see the market's current strength.

In garden apartment communities across the country, the average rents are rising quickly and occupancy rates are high.

Recent data from Axiometrics Inc. shows the apartment markets with the highest rental rate growth and occupancy also are the areas that have generated above - average employment growth.

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.

In fact, the industry - average occupancy rate has held steady in the range of 93 percent to 94 percent for four full years, since the end of 2013 — and many investors may be surprised to learn that occupancy rates for REIT - owned retail properties has been higher than 95 percent in every single quarter since early 2013.

«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.

Demand for those hotel rose is expected to be high, but not high enough to keep the occupancy rate from falling on average by 0.5 percent in 2017.