Q1 2026 saw an 8.6% revenue decline and a 3.5% drop in RevPAR due to weak hotel demand, security concerns, and FX headwinds. Despite a net loss, distributions per CBFI are set to rise 3.7% for the year, and the balance sheet remains solid.
Original document:
This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.