A man was shot through his second-floor window at an extended-stay hotel in Springdale, Ohio at 5 AM while he was inside his room. If you're running a property where the walls and windows are the only thing between your guests and the parking lot, this is the story that should keep you up tonight.
Reinsurers just absorbed mid-single-digit billions from June's severe storms across six of the most hotel-dense markets in the country. The premium increase you budgeted for Q4 renewal is probably wrong now, and the math hits whether your property took damage or not.
National RevPAR jumped nearly 5% in mid-March, fueled by March Madness, spring break, and a physics conference in Denver. The question is whether your property rode the wave or watched it pass from the beach.
📡
Get the Briefing Every Morning at 6AM
Join hotel operators, owners, and investors who start their day with InnBrief.
Free forever. Unsubscribe anytime. No spam — just signal.