Robert Mandelbaum
Robert Mandelbaum is Director of Research Information Services for CBRE Hotels Research. To learn more about CBRE’s analysis of monthly operating statements, please contact him at robert.mandelbaum@cbre.com.
A Tight Ship: Hotel Operators Adapt and Survive in 2020
Faced with the greatest declines in revenue since the 1930s, U.S. hotel operators in 2020 have demonstrated their ability to adapt to difficult market environments and squeeze the greatest efficiencies from their operations. Through...
The Cost of COVID-19: Owners Face a Severe Hit to Their Fiscal Health
The COVID-19 virus has had an extreme negative impact on the U.S. lodging industry. According to CBRE’s June 2020 edition of Hotel Horizons, lodging demand in the United States will decline by 37 percent...
Costs on the Rise: Hotel Insurance Represents a Growing Expense for Hoteliers
As of the writing of this article, we are still evaluating the long-term impact that COVID-19 is having on the U.S. lodging industry. Owners and operators are discussing the potential use of business interruption...
Matter of Transparency: Resort Fees Are a Growing Source of Revenue
The 11th edition of the Uniform System of Accounts for the Lodging Industry (USALI) defines resort fees as "mandatory fees charged at either a flat amount or a percentage of the room rate." These...
How Changes in Hotel Revenues Suggest Changes in Guest Preferences
From the high-tech preferences of Generation Z to the experiential bent of millennials and the health and wellness inclinations of Baby Boomers, hotels continually adjust the amenities and services they offer to satisfy guest...