Tag: financial

Finance and Development, Financial

U.S. Hotel Stocks Down 2.0% for September

October 9, 2023

Via: Hotel News Resource

The Baird/STR Hotel Stock Index dropped 2.0% in September to a level of 5,739. “Hotel stocks were down again in September, but they outperformed their relative benchmarks,” said Michael Bellisario, senior hotel research analyst and director at Baird. “Both the […]

Finance and Development, Financial, Hotels

Sunstone Hotel Investors Improves Financial Flexibility And Enhances Balance Sheet Strength

December 29, 2020

Via: Hospitality Net

Sunstone Hotel Investors, Inc. (the “Company” or “Sunstone”) (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, announced today that it has completed a series of balance sheet enhancing transactions that include: extending the waiver period […]

Finance and Development, Financial, Hotels

How Government Loan Assistance Has Helped Prop Up Hotel Profitability

July 28, 2020

Via: Hospitality Net

The tidal wave of COVID-19 has left many in the hotel industry gasping for air amid choppy financial waters. Luckily, governments across the globe have tossed hotels a much-needed financial floatation device. Unfortunately, keeping government loan assistance straight can be […]