Sentences with phrase «market occupancy rate»

To determine whether your property may qualify for relief, identify the market occupancy rate for that property type and submarket.
In those areas, a shopping center that is only 80 percent occupied has below - market occupancy and, therefore, is worth less than otherwise similar properties with the higher market occupancy rates.

Not exact matches

Here's what we learned: «The Smith Travel Research (STR) report is a hospitality industry tool that assists in knowing where we are regarding our pricing strategy and rate and occupancy strategy on an ongoing basis within our market.
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 German serviced office market leads the way with «great stability and potential for the coming year», demonstrating increased occupancy rates and rental values.
Securities backed by commercial real estate assets are subject to securities market risks similar to those of direct ownership of commercial real estate loans including, but not limited to, declines in the value of real estate, declines in rental or occupancy rates and risks related to general and local economic conditions.
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
The Watertown housing market is known for high occupancy rates.
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.
With all the recent units hitting the market, occupancy rates have fallen from 88.2 percent in the first quarter of 2015 to 85.7 percent in the first quarter of 2016, according to Reis data.
The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county increased 3.5 percent to 39.8 percent in December from 38.5 percent a year prior, according to STR, a Tennessee — based hotel market data and analytics company.
HOTEL RESERVATIONS: A block of rooms has been held at the Marriott Riverside, 3400 Market Street, Riverside, CA for Cal TURN participants at a rate of $ 135, plus taxes & fees per room, per night based on single or double occupancy.
The property improved occupancy rates as the market recovered and earnings increased, allowing Buffett and his partners to refinance the building, drawing out roughly 150 % of what they invested (so they got their initial investment back — and then some — and kept the cash flowing asset)
Our testimonials show how hoteliers like you have increased occupancy rates and improved their online presence using our integrated marketing approach.
Its hotels are market leaders in revpar and occupancy rates.
Michelle has helped us analyze the rental market on Kauai and adopt effective strategies to improve our occupancy rate.
High occupancy rate as owners are aggressive in their marketing with VRBO, Homeaway, Air BnB et al..
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.
They conduct surveys of the property market to obtain information on competing lease rates and other trends that affect occupancy and rent.
Optimizing occupancy rates through effective marketing strategies and relationship management skills; achieving superior tenant relations by quickly responding to resident needs.
Increasing occupancy rates by up to 75 % through effective sales strategies, marketing plans, and relationship management abilities.
Created posters and fliers to market company; advertised to local military bases, increasing occupancy rate from 30 % to 85 % in one year.
KeyHighlight: • Increased occupancy rated from 87 % to 96 % and raised market rents by 6 % in first 6 months of 2001.
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).
KEY ACCOMPLISHMENTS • Enhanced apartment occupancy rate from 60 % to 85 % through active marketing • Recruited 23 new residents during 2 months of initial hiring through optimized online marketing • Developed a website for marketing purposes and uploaded testimonials of satisfied residents that led to a 40 % increase in overall clientele
Apt at drafting lease contract and obtaining signage of both parties, tending to building maintenance tasks and ensuring optimum unit occupancy rate through effective online marketing and existing client retention strategies.
Utilize my proven customer service skills and marketing knowledge to maintain hotel occupancy rates, increase banquet bookings and ensure customer satisfaction.
The market has experienced a head - turning 24 straight quarters of positive absorption, according to the Colliers report, and occupancy and rental rates continue to head north, as do sales prices and sales volume.
«Record - breaking occupancy rates from last year will slightly decline in 2017 and 2018,» says Jan Freitag, senior vice president for STR Global, a firm that tracks hotel market data.
«There are a ton of markets where occupancy rates have already declined.»
That makes Oklahoma the market with the lowest hotel occupancy rate in the country, according to STR.
In fact, a majority of the 76 markets in the firm's report saw rents rise, even as occupancy rates grew in only 30 of 76 markets and positive net absorption was found in only 47.
With office occupancy rates steadily rising and asset prices reaching new highs, investors are looking for the next best bet for office investment, especially in high - demand central business district (CBD) markets.
«All told, increasing consumer sales, greater demand for space by retailers and insufficient growth in new supply suggest that rents and occupancy will likely be rising at a healthy rate over at least the near term,» writes RBC Capital Markets REIT analyst Rich Moore.
Like many other investors these days, the REIT wants to buy core properties in core markets with high occupancy levels and long - term leases with national, credit - rated tenants.
Cedar's shares are trading at a discount compared to other shopping center REITs because the firm has had slow internal growth and there are a few troubled properties in Ohio in its portfolio, which has hurt its overall occupancy rates, according to a note by Todd M. Thomas, a REIT analyst with KeyBanc Capital Markets Inc..
There are a handful of large MSAs with low job growth and too much new supply that will experience declining occupancy and pressure on rates, while other markets have very little new supply and solid job growth.
Doug McCarron: Primarily the core urban markets, San Francisco, Chicago, New York, Washington D.C., Seattle, West Los Angeles, continue to perform exceptionally well with consistent occupancy and rental rate growth.
«The past few years have been booming in Atlanta, but with the technology decline there has been a noticeable increase in office vacancy rates; the apartment occupancy rates have been touched by the decrease in the number of jobs created each year; all of which are affecting the retail market
Respondents also rated the state of the U.S. economy as a very or somewhat significant factor impacting occupancy rates at 55 percent and state of the U.S. housing market at 47 percent.
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).
A 2014 study by Urban Land Institute's Multifamily Housing Councils division, evaluating market performance and market acceptance of micro-housing, showed that newly - built micro-housing had higher occupancy rates and achieved higher effective rents for new leases.
The sector's national occupancy rate, based on aggregate statistics from 31 markets, held at 88.8 percent last quarter, according to NIC.
Though occupancy rates are still high on average, the markets around many universities are already crowded with extremely expensive new properties.
But there are also currently major supply issues in the sector, as some markets are beginning to see a lot of new product and, as a result, stagnating occupancy rates.
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...
Supply has ramped up in several markets, and industry experts anticipate that the new units will affect occupancy and rental rate growth, limiting owners» ability to raise rents and increase net operating income (NOI) at the same impressive levels.
The music continued to play in 2015 for the white - hot multifamily market, as many investors saw rents and occupancies climb higher and cap rates fall.
«The market is not overbuilt, and most of the places that are seeing new supply are those that have the very tightest occupancy rates
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