Robert Mandelbaum and Mark Owens
Robert Mandelbaum is Director of Research Information Services for CBRE Hotels Research. Mark Owens is Executive Vice President and Co-Head of Hospitality Capital Markets. For guidance on financing your hotel and handling your debt, please contact Mark.K.Owens@cbre.com.
How Declining EBITDA Levels Affected Owners’ Ability to Pay Interest Expenses in 2020
The decline in the operating performance of U.S. hotels during 2020 has been well documented. According to the results of CBRE’s 2021 edition of Trends in the Hotel Industry, total operating revenue declined by...