Craig Cozza

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    Figures for occupancy rate, average daily rate and revenue per available room over the first nine months of the year illustrate the resiliency and strength of broad economic trends driving travel and hotel performance, according to hotel data firm STR.

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    The company represented both the buyer and the seller of the 50,047-square-foot neighborhood center in Newark, Calif., in this off-market transaction.

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  • Economy Watch: Recent Hurricanes Impact Hospitality Industry

    Most major hotel markets in Florida saw dramatic performance declines in the days leading up to Hurricane Irma, according to STR's preliminary analysis. Hurricane Harvey's impact on Houston's hotel markets is a little less clear.

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