2024 Outlook: Profit Trends Should Stabilize, Despite Lingering Challenges
While there are still many unknowns regarding the economy, STR's data points to further stabilization for the U.S. hotel industry. Aligned with record highs...
Hotel Transaction Downtrend: Interest Rates Played Major Role in Soft 2023 U.S. Market
The “higher-for-longer” interest rate environment had a chilling impact on the U.S. hotel transaction market in 2023. After a strong 2022, only $22 billion...
CBRE: Commercial Real Estate Lending Market Shows Stabilization
DALLAS, Texas—The commercial real estate lending market demonstrated signs of stabilization at the end of 2023, with borrowing costs appearing to have peaked, even...
CoStar: P&L Data Shows Improvement in Group Business
WASHINGTON—Improvement in group business, especially across the Top 25 Markets and upper-upscale chains, drove growth in U.S. hotel revenues and profits, according to 2023...
CBRE: Investors to Purchase More U.S. Commercial Real Estate in 2024
DALLAS—Investors are poised to purchase more U.S. commercial real estate in 2024 as they anticipate improved credit conditions as interest rates fall later this...