cbre research

/Tag: cbre research

cbre research

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

CBRE Hotels | 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 demand Los Angeles – Mar. 13, 2019 – Continued favorable economic fundamentals are expected to lead to U.S. hotel rooms revenue per available room (RevPAR) growth of 2.5 percent in 2019 and 2.0 percent in 2020, according to the latest forecast from CBRE Hotels Americas Research. "Supply, demand and pricing in the U.S. lodging industry are very similar to what we have observed the past few years," said R. Mark Woodworth, senior managing director of CBRE Hotels Americas Rese...

Labor Costs, Inflation and Hotel Profit Crosscurrents

PKF Consulting | CBRE Hotels | November 23, 2015

By Jack Corgel, Ph. D. and Ryan Speed How the future profitability of U. S. hotels may be influenced by simultaneous improvement of labor market conditions and increasing inflation is the subject of this edition of Hotel Currents™. A narrowing of the gap between the demand and supply of labor, as evidenced by the declining unemployment rate usually results in upward pressure on wages as should the ongoing political actions to elevate minimum wages. Wage growth has been sluggish during the recovery from the Great Recession. However, Moody's Analytics chief economist Mark Zandi recently stated in a company report that "a pickup in w...

Hotel Performance Following Natural Disasters

PKF-HR | CBRE Hotels | November 4, 2015

By Jamie Lane and Brett Edgerton The human tragedy wrought by natural disasters, such as the recent damage done along the Atlantic coast by Hurricane Joaquin, can be tremendous. The death toll within the United States and the Caribbean related to this event is estimated to be in the double digits, and the remediation costs projected to be in the billions. Hotels, as any business in catastrophes, face threats related to such events. The hotel industry is exposed to the physical risk of its property being damaged as well as the economic risk of tourism suffering as people avoid areas disrupted by the disaster. Furthermore, areas most heav...

As the first news aggregate for the hotel industry, Hotel-Online is the industry’s must-read daily news source for everything hotel curated for busy professionals. Sign up today for industry news delivered to your inbox.