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Posts Tagged ‘ year ’

Hotels: Occupancy Rate increases Year-over-Year, On Pace for Record Year

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Hotels: Occupancy Rate increases Year-over-Year, On Pace for Record Year

From HotelNewsNow.com: STR: US hotel results for week ending 12 May The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 6-12 May 2018, according to data from STR. In comparison with the week of 7-13 May 2017, the industry recorded the following: • Occupancy: +0.8%...
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30 Year Mortgage Rates at 4.5% to 4.625%

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30 Year Mortgage Rates at 4.5% to 4.625%

From Matthew Graham at Mortgage News Daily: Mortgage Rates Start Strong, But End The Day Higher Mortgage rates ended higher today, after financial markets reacted to developments in last week’s tariff-related news. Last Thursday, stock prices and interest rates fell in response to the tariff announcement because investors figured it ran the risk of...
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Bank Failures by Year

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Bank Failures by Year

In 2017, eight FDIC insured banks failed. This was up from 5 in 2016. The great recession / housing bust / financial crisis related failures are behind us. The first graph shows the number of bank failures per year since the FDIC was founded in 1933. Click on graph for larger image. Typically about...
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Hotel Occupancy Rate just Behind Record Year

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Hotel Occupancy Rate just Behind Record Year

From HotelNewsNow.com: STR: US hotel results for week ending 16 September The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 10-16 September 2017, according to data from STR. In comparison with the week of 11-17 September 2016, the industry recorded the following: • Occupancy: +0.5%...
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Oil Rigs: “Smallest four week add since last year”

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Oil Rigs: “Smallest four week add since last year”

A few comments from Steven Kopits of Princeton Energy Advisors LLC on June 16, 2017: • The party’s over.  Oil prices are beginning to weigh on drilling activity. • Total US oil rigs were up 6 to 747 • However, only 1 new horizontal oil rig was added, and only 3 in the last...
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Hotels: Occupancy Rate on Track to be 2nd Best Year

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Hotels: Occupancy Rate on Track to be 2nd Best Year

Note: The year-over-year decline this week was related to timing of Halloween, but, in general, hotels are finishing the year strong. It is unlikely, but still possible that 2016 could be the best year ever for hotel occupancy.  2016 will be at least the 2nd best ever behind 2015. From HotelNewsNow.com: STR: US hotel...
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Hotels: Occupancy Rate on Track to be 2nd Best Year

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Hotels: Occupancy Rate on Track to be 2nd Best Year

From HotelNewsNow.com: STR: US hotel results for week ending 1 October The U.S. hotel industry recorded positive results in the three key performance metrics during the week of 25 September through 1 October 2016, according to data from STR. In year-over-year comparisons, the industry’s occupancy increased 1.8% to 70.0%. Average daily rate (ADR) was...
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Hotels: Occupancy Rate on Track to be 2nd Best Year

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Hotels: Occupancy Rate on Track to be 2nd Best Year

From HotelNewsNow.com: STR: US hotel results for week ending 6 August The U.S. hotel industry reported mixed results in the three key performance metrics during the week of 31 July through 6 August 2016, according to data from STR. In year-over-year comparisons, the industry’s occupancy decreased 1.6% to 75.6%. However, average daily rate was...
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Hotels: Occupancy Rate Tracking just behind Record Year

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Hotels: Occupancy Rate Tracking just behind Record Year

On occupancy from HotelNewsNow.com: STR: US hotel results for week ending 4 June The U.S. hotel industry reported mostly negative year-over-year results in the three key performance metrics during the week of 29 May through 4 June 2016, according to data from STR. Affected significantly by a Memorial Day calendar shift, the industry’s occupancy...
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Mortgage Rates and Ten Year Yield

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Mortgage Rates and Ten Year Yield

With the ten year yield falling to 1.73%, there has been some discussion about whether mortgage rates will fall to new lows. Based on an historical relationship, 30-year rates should currently be around 3.7%. As of Friday, Mortgage News Daily reported: “the average lender continuing to quote conventional 30yr fixed rates of 3.625% on...
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