Title

Second Quarter 2014: Prices Rise as Expected, Moderate Price Growth Is Anticipated

Authors

Crocker H. Liu Ph.D., Cornell UniversityFollow
Adam D. Nowak Ph.D., West Virginia University
Robert M. White Jr.

Document Type

Article

Publication Date

7-1-2014

Abstract

Prices do reflect RevPAR. In the previous issue (2014Q1), we had revisited the year-over-year change in RevPAR relative to our Repeat Sale Index. Since we showed that the year-overyear change in RevPAR is a leading indicator of price fluctuations in hotel properties, we expected prices to reflect the positive momentum in the second quarter. The second quarter has come and gone, and we are happy to report that prices have increased as predicted.

Comments

Required Publisher Statement
© Cornell University. This report may not be reproduced or distributed without the express permission of the publisher.

Supplemental File:
Hotel Valuation Model (HOTVAL) We provide this user friendly hotel valuation model in an excel spreadsheet entitled HOTVAL Toolkit as a complement to this report which is available for download from http://scholarship.sha.cornell.edu/creftools/1/

Recommended Citation

Liu, C. H., Nowak, A. D., & White, R. M. (2014). Second quarter 2014: Prices rise as expected, moderate price growth is anticipated [Electronic article]. Center for Real Estate and Finance Reports Hotel Indices, 3(5), 1-16.