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PwC US has revised its forecast for U.S. hotel occupancy rate in 2015 to 64.8 percent — the highest level for the metric since 1995. The group is projecting a 6.9 percent increase in revenue per available room — down from 7.6 percent in 2014 — as average daily rate is expected to reach a record growth of 5.7 percent. Demand for lower-priced hotels is expected to increase next year amid continued supply growth in the higher-tier segments, PwC said. Read the Skift story here
The 2024 virtual Men’s Round Table will be held Q4, 2024, date TBD.
2023 Virtual Men’s Round Table was held on November 7th, 2023 via Zoom.
Alfred Sanzari Enterprises, a preeminent family-owned and operated commercial and residential real estate firm, announces the completion of a capital improvement project at the Glenpointe Marriott, a 351-room full-service hotel located on the company’s Glenpointe corporate campus in Teaneck, N.J. The capital improvement project transformed the hotel’s 39,317-square-foot
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