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Robert Mandelbaum

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Robert Mandelbaum is Director of Research Information Services for CBRE Hotels Research. CBRE forecast and financial benchmarking reports can be found at pip.cbrehotels.com.
profit growth, recovered

Cost Controls Perpetuated U.S. Profit Growth in 2017

U.S. hoteliers enjoyed an eighth consecutive year of increasing profits in 2017, despite another slowdown in the rate of revenue growth. According to the 2018 edition of Trends in the Hotel Industry, total operating...
Extended-stay guest

Examining the Segments Within Extended-Stay Hotels

When investing in hotels, two of the metrics most frequently evaluated are recent year-over-year trends in revenues and profits, as well as current performance values. Investors need to balance the current levels of a...
Light switch, energy, utility

Keeping the Lights Off: U.S. Hotel Utility Expenditures Drop

The pace of revenue growth is slowing for the U.S. lodging industry. Per STR, the pace of RevPAR (revenue per available room) increases has decelerated each year from 2014 through 2017. According to the...
The Marketplace at the Crowne Plaza Atlanta-Midtown - departments

Overhauling Other Operated Departments in a Hotel

In lodging industry parlance, other operated departments are frequently referred to as minor operated departments. Based on recent trends in other operated department revenues and profits, these sources of income have become less consequential...
marketreport-money-revenue

How the Composition of RevPAR Growth Impacts Changes in Profits

To project changes in profits, we obviously need to look at the expected relative changes in revenues and expenses. Profit growth can only be realized when the dollar value of the change in revenue...