Year-to-date, rising interest rates, historic inflation and geopolitical volatility have so far had limited negative impact on the U.S. lodging industry’s performance, evidenced by YTD RevPAR surpassing 2019 levels by 6.4%.

Office-leasing volume declined 40% in the biggest U.S. cities in the third quarter, compared to pre-pandemic levels.

Hyatt has been testing bookable personal gyms, most of them in a converted guest rooms, available by the hour. They are separate from the hotels’ regular fitness centers.

The median result for endowments and foundations in the fiscal year ended June 30 was a 7.8% loss—the worst showing since 2009.

Higher interest rates at the Federal Reserve are causing the central bank to now pay out more in interest expenses than it earns in interest income.

Real-estate funds managed by private-equity firms have raised $112.8 billion from pension funds and other institutional investors as of Oct. 20. That’s down from $157.9 billion in the same period last year.

For 2022, annual premiums for an employer-provided family plan were $22,463 with employees paying $6,106 of the total. The average cost of an employer health plan for an individual for 2022 was $7,911.

During the three months ended in May 2020, the amount of municipal debt sold privately spiked to 13.4%, the highest share in 13 years on record. It has since retreated to about 8%, or around $36 billion—up from 4% in 2012.

Apartment demand in the third quarter was the lowest since 2009, when the U.S. was feeling the effects of the subprime crisis. Measured quarterly, the drop in demand was the worst of any third quarter—normally prime leasing season—in the more than 30 years.

Kushner Cos. is making an unsolicited bid for Veris Residential Inc. (formerly known as Mack-Cali Realty Corp) that would value Veris at about $4.3 billion including debt. Kushner offered $16 a share for the real-estate investment trust.