Sentences with phrase «with average occupancy»

Combined, the centers total more than 423,800 sq. ft. with an average occupancy rate of 97 %.

«Before Harvey, Houston had the weakest hotel market among 25 major metros nationally with an average occupancy rate of 62 percent.

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.

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.

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 %.

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.

Blazosky stated, «Oneida County's hotel industry has made sound gains from the economic downturn of 2009 and is now surpassing 2008 levels for occupancy, average daily rate, revenues, and demand for rooms, and has done so while adding 250 rooms to the available inventory with the opening of the Microtel Inn & Suites and the Fairfield Inn & Suites in Verona and the Wingate in Rome.»

Using occupancy modeling to control for variation in detectability, we show substantial (∼ 500 meters on average) upward changes in elevational limits for half of 28 species monitored, consistent with the observed ∼ 3 °C increase in minimum temperatures.

Shelter average occupancy was maintained at 96 % with almost 60 % establishing a case plan.

River cruise vessels are smaller — about a tenth the size of an average ocean cruise liner — and are more intimate with a maximum occupancy of 150 - 200 passengers.

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.

Additional room capacity continued to drive down overall occupancy levels which are 13 % lower than July 2009, with average room rates down by 23 %.

Mr Al Nuaimi's revealed that average room occupancy rate for hotels in the third quarter for the period from July to September 2011 was 48 percent, compared with an average room occupancy rate (44 %) during the same period of 2010.

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.

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.

In 2011 alone, more than 100,000 rooms were added along this sandy stretch of heaven on earth, and with hotel occupancy reaching an average rate of 70.6 percent, it's easy to see why.

Puerto Morelos, Q.R. — Puerto Morelos remains a favorite destination with tourists as the town's hotel occupancy continues to average more than 90 percent.

That compares with the national average of daily rates that increased just 4.2 percent (to $ 127) and occupancy of 70.5 percent, a gain of 1.9 percent.

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.

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 (AWith 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 (Awith 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).

American Campus Communities (ACC) reported an average same - property occupancy rate of 97.6 percent, with rents that grew 2.6 percent compared to the year before.

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.

Wyoming, North Dakota and Pennsylvania outside of major cities also placed on the bottom of the list of places with the lowest average hotel occupancy rates.

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.

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 so...

In 2011, Homewood's Canadian portfolio performed strongly with more than a five per cent increase in both occupancy and average daily rate, and a double - digit increase in revenue per available room, the company says.

Across its portfolio, Welltower has average occupancies of about 90 percent, with annual rental rate growth that is averaging between 3 and 4 percent.

While Tanger properties» average sales per square foot are $ 300 and its occupancy rate is 96 percent, Charter Oak's properties produce sales per square foot of $ 280, with 93 percent occupancy.

In its review of CBL's first quarter performance, for instance, Barclays found that sales per sq. ft. for the trailing 12 - month period totaled $ 378, compared with the peer average of $ 484 per sq. ft. Total portfolio occupancy was 91.6 percent, compared with the average of 93.7 percent for CBL's peers.

The company ended the quarter with 94.6 percent of its properties leased, though occupancy averaged 93.1 percent.

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

In the first quarter of this year, John Q. Hammons Hotels reported occupancy of 65.5 %, compared with an industry average of 56.8 %, according to Smith Travel Research.

Other markets with occupancies above the national average included Memphis, Daytona, Knoxville, and Augusta.

The first portfolio, including 21 properties with 1,924 units and an average occupancy of 91 %, is made up of 5.7 % IL, 15.9 % MC and 78.4 % AL units.

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.

The first portfolio, including 21 properties with 1,924 units and an average occupancy of 91 %, is made up of 5.7 % IL, 15.9 % MC and -LSB-...]

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 >>

According to Yardi Matrix, the property has an 89.2 percent occupancy rate and offers six one -, 53 two - and 42 three - bedroom units, with an average size of 965 square feet.

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.

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.

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.