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Tag : cbre

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Attrition and Cancellation Revenue

May 20, 2019

By Robert Mandelbaum Per the Uniform System of Accounts for the Lodging Industry (USALI), the income received from transient and group guests that fail to...

U.S. Hotels Enjoy Profit Growth, But It Is Becoming Harder to Achieve

April 29, 2019

Atlanta – April 29, 2019 – While U.S. hoteliers enjoyed a ninth consecutive year of increasing profits in 2018, it is becoming increasingly...

Revenue Is Rising, But Collecting Is More Challenging

April 18, 2019

By Robert Mandelbaum According to STR, U.S. hotels achieved all-time high levels of occupancy, ADR, and RevPAR in 2018.  While a record number of guests...

Hotel Spas: Not Just for Resorts Anymore

March 25, 2019

By Mark VanStekelenburg and Jenna Finkelstein According to the December 2018 edition of CBRE’s Hotel Horizons®, the annual growth in RevPAR for...

CBRE Research Forecasts Healthy RevPar Growth for U.S. Hotels in 2019 and 2020

March 13, 2019

Greater Los Angeles area hotels are likely to experience another year of occupancy and room rate increases , driven by strong employment growth and travel...

Unit-Level Hotel Marketing: P&L Reveals Changes In Department Functions

February 22, 2019

By Robert Mandelbaum and Viet Vo Technology, online intermediaries, social media, revenue management software, shared-services, and the proliferation of...

CBRE Issues U.S. Lodging and 2019-2020 Historic Hotels Forecast at Historic Hotels of America Annual Conference

January 10, 2019

Historic Hotels achieve a substantial premium in ADR and RevPAR over comparable contemporary hotels.  RevPAR forecast to grow faster for Historic Hotels...

U.S. Hotels Experienced Another Strong Year in 2018, but What’s on the Horizon? CBRE’s Lodging Insights

January 3, 2019

CBRE's Mark Woodworth and Jack Corgel wrap up 2018 with their take on the overall health of the economy, what indicators may tell us about the possibility...

Boutique Hotels: Premium Performance Impacts Flow-Through

December 21, 2018

By Robert Mandelbaum ​While boutique hotels comprised just 3.2 percent of the total U.S. lodging supply in 2017, boutique projects represented 17.8 percent...

Economic Outlook Solid for 2019: U.S. Hotels Forecast to Enjoy Tenth Consecutive Year of Growth According to Hotel Horizons® Dec. 2018 Edition

November 28, 2018

Atlanta – November 28, 2018 – Based on an upward revised outlook for the U.S. economy, CBRE Hotels Americas Research is forecasting the...

Dual-Branded Hotels: Beware Expectations of Significant Operating Efficiencies

November 19, 2018

By Robert Mandelbaum and Gary McDade For the past four years the opening of dual-branded properties has been very popular among hotel developers.  The...

Late Cycle Supply Sources of the Occupancy Gap

October 24, 2018

By Bram Gallagher The present hotel cycle is defying conventional expectations of late-cycle Revenue Per Available Room (RevPAR) behavior. Over the previous...

U.S. Lodging Performance Fell Short of Budget in 2017

October 22, 2018

by: Robert Mandelbaum In 2017, the actual achieved levels of occupancy, average daily rate (ADR), total revenue and profits for U.S. hotels were less than...

Ten Years Later: Has the U.S. Lodging Industry Really Recovered?

September 20, 2018

By Robert Mandelbaum and Keval Rama Lodging is a cyclical industry meaning that it passes over time through four distinct phases: peak, contraction, trough...

Budgeting for 2019? Follow the Supply and the Economy

August 22, 2018

Atlanta – August 22, 2018 – New hotel rooms coming onto the U.S. market shouldn’t be a concern for established hotel operators because demand...

Contract and Non-Management Employee Payrolls Rise in 2017

August 20, 2018

By Robert Mandelbaum As the pace of revenue growth continues to decelerate for U.S. hotels, the capability of hotel operators to control costs will...

After Strong First Quarter, CBRE Lifts 2018 U.S. Lodging Forecast and Expects Continued Growth

June 14, 2018

Los Angeles – June 14, 2018 – Based on better than expected first-quarter performance, CBRE Hotels’ Americas Research (CBRE) has enhanced its...

Extended-Stay Hotels: Growth or Performance?

June 12, 2018

By Robert Mandelbaum When investing in hotels, recent year-over-year trends in revenues and profits, along with current performance values, are two of the...

CBRE Hotels Arranges Sale of the West Inn & Suites Carlsbad

June 11, 2018

Newport Beach, California – June 11, 2018 – CBRE Hotels has arranged the sale of the 86-room West Inn & Suites in Carlsbad, California for an...

After Strong First Quarter CBRE Lifts 2018 U.S. Lodging Forecast

May 30, 2018

Atlanta – May 30, 2018 – Based on better than expected first quarter performance, CBRE Hotels’ Americas Research (CBRE) has enhanced its...

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