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CBRE Boosts 2018 Lodging Outlook After Strong First Quarter

CBRE Boosts 2018 Lodging Outlook After Strong First Quarter

ATLANTA—Based on better-than-expected first quarter performance, CBRE Hotels’ Americas Research (CBRE) has enhanced its outlook for 2018. According to STR, U.S. hotels enjoyed a 3.5 percent increase in revenue per available room (RevPAR) during the first quarter of 2018, exceeding ...

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