Rachael Rothman and Matt Mowell
Rachael Rothman is head of CBRE Hotels Research and Data Analytics. Matt Mowell is senior economist at CBRE Econometric Advisors. To obtain CBRE’s Hotel Horizons forecast reports, visit pip.cbrehotels.com/hotelhorizons.
A Brighter Outlook: CBRE Forecasts Enhanced RevPAR Growth in 2023 Despite Economic Headwinds
Despite projections of persistent inflation and a moderate economic recession, CBRE’s November 2022 Hotel Horizons forecast calls for a 5.9 percent RevPAR increase in 2023—up from CBRE’s previous forecast of a 5.6 percent increase....