📊 Topic

Per-key valuation metrics

2 stories · First covered Mar 23, 2026 · Latest 3d ago
Per-key valuation metrics Coverage
Churchill Downs Wants to Dump Nine Casinos. The Per-Key Math on Terre Haute Is Brutal.

Churchill Downs Wants to Dump Nine Casinos. The Per-Key Math on Terre Haute Is Brutal.

Churchill Downs just put nine regional casinos on the block, including a $290 million property that opened 26 months ago. The implied valuation gap between what they built and what they'll likely sell for tells you everything about where regional gaming capital is flowing next.

$4.3B for 78 Hotel Suites. That's $55M Per Key. Check Again.

$4.3B for 78 Hotel Suites. That's $55M Per Key. Check Again.

One Beverly Hills just locked in the largest hospitality financing package in a decade for a 78-suite Aman hotel and luxury residential complex. The per-key math on the hotel component alone should make every asset manager in the country recalibrate what "luxury" means as an investment thesis.