Robert Mandelbaum and David Fuller
Robert Mandelbaum is director of research information services for CBRE Hotels Research. To benchmark your property taxes, visit pip.cbrehotels.com/benchmarker or email websales@cbre.com. David Fuller, MAI, is the national hotel property tax lead for CBRE Hotels.
Property Tax Trends: New Analysis Shows That Relief for U.S. Hoteliers Varies by Geography
Based on a sample of more than 3,000 hotels from CBRE’s Trends in the Hotel Industry database, U.S. hotel property tax expenditures averaged $2,626 per available room (PAR) in 2022. This is 10.8 percent...