Robert Mandelbaum
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.
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...
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...
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...
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...
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...