Sentences with phrase «occupancy rising»

After a few tough years, 2004 has been a comeback year for commercial real estate, with absorption and occupancy rising in the retail, apartment, office, and industrial sectors.

«With occupancy rising each quarter since 1Q10, it is clear we are past the bottom and are clearly in the recovery stage,» says Michael Hargrave, vice president — NIC MAP.

NIC's forecasts occupancy rising 30 basis points during the next four quarters, but that would still be down 30 basis points from the fourth quarter of 2014.

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.

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.

Systemwide occupancy rose 1.8 percentage points year over year during the first quarter to 71.8 percent, and average daily rate increased 1.2 percent to $ 145.21.

With the expansion of Vienna's hotel accommodation between June 2014 and June 2015 — an increase of 3,700 to 63,800 beds — room occupancy rose from 65 per cent to 66 per cent over the same period.

With development in check and occupancies rising, respondents are understandably bullish on the outlook for rents.

It has seen occupancy rise by 9.2 per cent during the last year, and REVpar (revenue per available room) go up by 19.6 per cent.

Home» News & Press» Seniors Housing Occupancy Rises, Rent Growth Remains Stable, and Construction Activity Moderates Slightly in the 4th Quarter

Compared to the prior quarter, independent living occupancy rose by 0.2 percentage points, while assisted living occupancy declined by 0.2 percentage points.

Not exact matches

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

The occupancy rate for apartments in metro Denver held steady at 94.3 percent, RealPage found, and rents rose 3.2 percent in 2017.

As downtown areas are «gentrified,» as convention centers rise to puncture the skyline, families dwelling in cheap apartments or disabled single people living on Supplemental Security Income in single - room occupancy hotels are shoved out.

Faced with hotel occupancy twice what was forecasted, the Towne Park team rose to the challenge including Friday night during a sold out Lady Antebellum concert.

The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county rose Read More

Related expects to begin construction early next year, and the high rise should be ready for occupancy by 2015.

It was the third straight month in which Onondaga County's occupancy rate rose compared to the year - earlier period.

These short lease lengths lead to greater returns during boom times, as occupancy rates rise and rental rates increase more quickly, but a slowdown in the health care industry would hurt as tenants typically have less credit than large tenants at investment properties, leading to greater probability of default.

This generally offers potential for significant long term valuation gains from lower costs & rising occupancy, increased sales on a «retail» basis (to satisfy a rising home ownership rate), the general relative convergence of property values within Germany, and likely appreciation from a particularly low valuation base in absolute (and European / global) terms.

A rise in direct international flights in particular is setting the stage for a record high 9.3 million passengers travelling through the airport forecast for this year with the improved access being reflected in soaring hotel occupancy rates from January to June, with leading metric RevPAR shooting up by 8 %.

In the first half of 2014, the average hotel occupancy rate rose to 74 per cent from 67 per cent last year, assisted by a 1.9 per cent decrease in available rooms due to renovation - related closures.

«Cruise tourism has also been on the rise, registering a six percent increase for 2010, while the hotel sector registered marginal increase with a one percent rise in occupancy and five per cent increase in total room revenues.»

With hotel occupancy rates in Santa Barbara County always on the rise, planning a trip or an event such as a wedding in Santa Ynez Valley wine country takes careful preparation.

After opening, it quickly rose to the top 10 % in guest satisfaction within Marriott's Autograph Collection, and occupancy rates have steadily exceeded projections.

According to STR, at the end of August 2016, Dubai had grown its room stock to 85,500 across 403 hotels, which is putting added downward pressure on rates as hotels compete for occupancy, with little respite ahead as room supply is set to rise further to between 140,000 and 160,000 rooms by 2020.

• Successfully opened a new 369 unit apartment high rise and triggered an increase in pre-leased occupancy from 25 % in June 2011 to 61 % by October 2011.

On the commercial side, all sectors are expected to see lower vacancy rates as occupancy demand rises with job growth.

Hotels dip while acquisitions rise According to Tenn. - based Smith Travel Research, Wisconsin's hotel occupancy rates are down 6 % in 1998, with average daily room rates dipping to $ 58.32.

Higher occupancy numbers translate into higher net operating income and a rising stock price — and the pressure to produce these results is intense.

The company's same - property NOI rose 1.2 percent, while its occupancy level went down 100 basis points, to 94.8 percent.

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.

Acadia's same - store NOI rose one percent in the second quarter and its occupancy increased 60 basis points, to 93.9 percent.

Within 12 months, the property's brand name was changed, almost every apartment unit had been renovated inside, the exterior was completely renovated, picnic tables and BBQs installed, the landscaping was lush and green, and occupancy had risen from 55 % to 97 %.

Kimco's NOI rose 2.6 percent but its portfolio's occupancy declined 90 basis points, to 95.2 percent.

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.

But not all CBDs are created equal — some may offer high occupancy rates and rising rents, but be very...

This is the 10th straight quarter that occupancy has increased, rising from the cyclical low of 87 percent in the first quarter of 2010, according to the report.

Both occupancy and rents continue to rise at self - storage properties, particularly as construction is only meeting a fraction of demand, according to market experts...

And while occupancy rates and rental prices have risen, the pipeline of new housing has been lacking, so vacancy rates have dropped to all - time lows in many parts of the country.

Tenant bankruptcies and resulting occupancy loss among the mall REITs rose in 2015 compared to the prior four years, according to Matthew Werner, a portfolio manager / analyst with Chilton Capital Management LLC, a Houston - based firm that specializes in REITs.

The majority of respondents (65 percent) said they expect occupancy rates to rise in their region in the next 12 months.

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.

Overall, 58 percent of respondents said they expect occupancy rates to rise in their region this year (up slightly from 56 percent in 2017).

The commercial market had been picking up in recent months because of expectations that rents and occupancies would continue to rise.

Simon also reported that occupancy rates in its portfolio rose slightly, to 91.9 % at the end of December compared to 91.8 % for the same period in 2000.

Industrial real estate pros continue to expect occupancies to rise in the sector.

And rising energy expenses have partially offset gains from increased rents and high occupancy rates.

While revenue continued to rise due to higher occupancies and rents, rising expenses cut into NOI expansion — a trend that is expected to continue in 2006.