Paradigm Tax Group Industry News

Paradigm Tax Group Industry News

Stay informed with the most current Industry News that affects your business and impacts property taxes across the nation.

    AirBnb To Open Up to 14 More Home-Sharing Buildings by 2020

    23 Aug, 2018

    STR: U.S. hotel property tax expense exceeds a potential $8.1 billion

    23 Feb, 2018

    The total property tax expense for U.S. hotels exceeds a potential $8.1 billion, according to a new study by STR utilizing 2016 HOST (Hotel Operating Statistics) data. The study found that roughly...

    Four Tips for Keeping Property Taxes from Impacting Your Hotel's Bottom Line

    14 Dec, 2017

    by Jessica Vachiratevanurak, Managing Consultant, Miami | Today's Hotelier

    For hoteliers, property tax expense is often a substantial fixed expense. As a result, understanding how property taxes...

    Chicago Commercial Property Sales on Pace for Three-Year Low

    23 Oct, 2017

    Over the past two years, Chicago-area landlords have capitalized on a strong economy and low interest rates by selling properties at a rapid pace. But after a whirlwind couple of years of real...

    Silicon Valley Hotel Performance, Demand Attracting Investor Attention

    11 Apr, 2017

    Hotels in Silicon Valley, California are experiencing above-average performance and attracting the attention of owners and developers across the country, thanks to the widely successful international...

    Philadelphia Property Tax Revenue to Increase $118M After Reassessing Commercial Properties

    31 Mar, 2017

    Philadelphia commercial property owners should expect major increases when they receive their property assessments mid-April. The value of the taxable portion of Philadelphia’s 14,000 commercial...

    Hotel Industry Faces Significant Challenges in 2017 Due to New Supply

    4 Jan, 2017

    The hotel industry could be facing an uphill battle in 2017 as new supply may erode pricing power and hinder performance. Hoteliers are already seeing performance dip as supply meets and surpasses...

    Growing Concerns for the Hotel Sector

    7 Nov, 2016

    After years of success and growing occupancy and revenue per available room (RevPAR), the hospitality industry is starting to face some challenges. Occupancy levels reached a 30-year high of 65.5...

    U.S. Hotel Industry Bracing for Slowdown

    18 Oct, 2016

    The Baird/STR Hotel Stock Index fell 6.4% in September to close the month at 3,134. Year to date, the index remains up 1.3%.  "As we enter the final months of 2016, the U.S. hotel industry is bracing...

    Several Houston Hotel Submarkets Are Struggling

    29 Sep, 2016

    A recent report by CBRE highlights Houston’s best- and worst-performing hospitality submarkets in terms of occupancy and RevPAR, and touched on the positive and negative outside economic factors that...

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