Todd Casper and Robert Mandelbaum
Todd Casper is first vice president of parking investment sales for CBRE. Robert Mandelbaum is research director for CBRE Hotels Research.
Parking Profits: As Occupancy Stalls, Hoteliers Increase Revenue From Drive-In Guests
Based on our February 2023 Hotel Horizons report, CBRE reports that total hotel revenue for the average U.S. hotel returned to pre-COVID levels in 2022. This occurred even though the average occupancy for U.S....