Tag: CBRE Hotels
CBRE Hotels Closes Sale of DoubleTree by Hilton Minneapolis University Area
Minneapolis–CBRE Hotels has arranged the sale of the 141-room DoubleTree by Hilton hotel in Minneapolis near the University of Minnesota campus.
Nate Sahn, Pravin Boteju,...
Supply Growth to Peak in 2018, Impacting Local Market Occupancy and ADR
Atlanta–The supply of new hotel rooms entering U.S. lodging markets will peak in 2018. Based on the recently released March 2018 edition of Hotel...
CBRE Research Forecasts Occupancy to Increase Through 2019
Atlanta–The U.S. lodging industry is forecast to enjoy continued levels of record occupancy through 2019, according to a recently released December 2017 edition of...
Analysis: Are Franchise Fees Worth the Cost?
In the current market environment’s modest growth in revenue, hotel owners and operators are paying extra attention to their operating expenses. Per the June...
CBRE Hotels Arranges Sale of Hilton Garden Inn South Chicago-Tinley Park
CHICAGO–CBRE announced that it has arranged the sale of the 117-room Hilton Garden Inn Chicago South–Tinley Park. CBRE Hotels’ Nate Sahn, senior vice president,...