Robert Mandelbaum and Mark Whitney
Robert Mandelbaum is Director of Research Information Services for CBRE Hotels Research. To benchmark property taxes, contact websales@cbre.com or visit pip.cbrehotels.com/benchmarker. Mark Whitney is Managing Director of CBRE’s Property & Transaction Tax Services platform. To discuss an appeal of your hotel’s property taxes, please contact Mark at mark.whitney@cbre.com or (602) 735-5679.
Hotel Property Taxes: An Opportunity to Cut Costs
According to the March 2022 edition of CBRE’s Hotel Horizons national forecast report, the total revenue for a typical U.S. hotel is not expected to return to 2019 nominal dollars until 2023. Accordingly, hotel...