Articles tagged “real estate”

It's clear the pizza chain has placed greater emphasis on net sales and order count than on comparable store sales.

Where one Wingstop goes, another will follow. The company is employing a familiar real estate strategy to further solidify its dominance in the chain's most successful U.S. markets.

The Philadelphia airport hotels aren't marquee properties in Starwood's quiver, but the latter's willingness to put the hotels up for sale speaks to the desire for hotel companies to rid themselves of real estate and focus on management.

Trulia's examination of both real estate prices and search habits based on a person's primary residence offers excellent insight into the spending habits and travel intent of Americans' domestic vacation habits.

Luxury hotel groups such as the Peninsula and Shangri-La are recognizing the global potential of their brand, especially in western markets where Chinese tourists are heading in unprecedented numbers.

A number of hotel industry publications, like Attractions Management and HotelsMag.com, ran with this story today as if it was a real one.

Dubai hotel occupancy is among the highest in the world at 88 percent, but few are the full-service apartments that appeal to business travelers, frequent regional visitors, and most importantly, investors.

There's no doubt that every single major hotel chain is moving in the direction of selling hard assets in order to focus on management, but we can't help thinking this won't end well.

The high-manpower, high-costs five star luxury hotels haven't recovered since the recession, and investors are more interested in smart upscale, one or two notches below, as that market -- competing with boutiques -- has been booming over the last year or so.

Starwood believes the timing is right to get out of the real estate business to a great extent as it joins Marriott and InterContinental in focusing on management fees as the more stable and lucrative revenue stream.