Sentences with phrase «market average occupancy»
Overall, the weighted market average occupancy of the quality hotels in the Russian capital had risen 2.6 ppt.
http://www.worldpropertyjournal.com/ 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 %.
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.»
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.
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.
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.
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.
With a clear sense of the bottom line merged with a dedication to corporate vision, I have consistently negotiated profitable contracts and implemented marketing campaigns that have triggered increased occupancy and steady growth in average daily rate (ADR).
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.
«We see 96 per cent owner occupancy in our developments on average, which makes for really strong communities,» says Options for Homes» marketing co-ordinator, Jessica Speziale.
The top 25 hotel markets in the U.S. had an average occupancy growth of 5 percent in 2014, as the industry proved it is just about fully recovered from the devastating impact of the recession.
North America saw a below - average decline of -3.3 per cent (year - over-year), making the region the third weakest with falling occupancy costs in 51 out of 77 markets.
In the fourth quarter of 2017, the national occupancy rate — based on aggregated data from 31 markets — averaged 88.8 percent, down 70 basis points year - over-year, according to the National Investment Center for Seniors Housing & Care (NIC).
Though occupancy rates are still high on average, the markets around many universities are already crowded with extremely expensive new properties.
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.
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...
Other markets with occupancies above the national average included Memphis, Daytona, Knoxville, and Augusta.
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 %.
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 >>
Like New York, Long Island has been an exceptional market in terms of occupancy, averaging 96.7 % since January 2015 and recently has been in a tight race with Minneapolis - St.
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.
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.
U.S. hotel industry metrics continued on a strong streak in the second quarter of the year, with increases in both occupancy levels and average daily rates (ADRs), as well as revenue per available room (RevPar) growth that hit double digits in some markets.
A report from the National Investment Center for the Seniors Housing & Care Industry shows that in the third quarter of 2007, the average occupancy in independent living properties in the top 31 metro markets was down 1.3 % over the previous two quarters.
«Before Harvey, Houston had the weakest hotel market among 25 major metros nationally with an average occupancy rate of 62 percent.