Analysis

Claudia Alvarado

Will Sanford

<div class="RichTextArticleBody"><div class="RichTextArticleBody-body"><p>The wildfires that have devastated parts of the western U.S. have created an added layer to the complex hotel performance situation that has played out over the course of a difficult 2020.</p></div></div>

United States

Hospitality

Wildfires in Western US Cause Fluctuations in Hotel Performance

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CoStar has introduced a new market-based programme recognising the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organisation in commercial real estate. The selected top deals and the real estate firms and individual agents involved in each transaction will be singled out for recognition each quarter. For the purpose of recognising the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

CoStar has introduced a new market-based program recognizing the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organization in commercial real estate. The selected top deals and the real estate firms and individual brokers involved in each transaction will be singled out for recognition each quarter. For the purpose of recognizing the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

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Wildfires in Western US Cause Fluctuations in Hotel Performance

Occupancy and Rates Show Declines

Get In Touch
888-226-7404

Wildfires in Western US Cause Fluctuations in Hotel Performance

Occupancy and Rates Show Declines

Get In Touch888-226-7404

Get In Touch
888-226-7404