CBRE: U.S. Lodging Demand Will Return to Pre-Pandemic Levels by Q4 2023
DALLAS—Based on stronger than expected performance during the first quarter of 2021, plus encouraging economic and vaccination news, CBRE Hotels Research forecasts U.S. lodging...
Labor Cost Trends in 2020
Based on CBRE’s survey of monthly operating performance, U.S. hotels experienced a 58 percent decline in total hotel revenues from 2019 to 2020. This...
STR: U.S. Hotel ADR Reached Highest Level on Record
HENDERSONVILLE, Tennessee—STR's latest data through July 10, 2021, showed U.S. hotel occupancy continued to improve while average daily rate (ADR) reached the highest on...
Duetto Special Report: It’s Never Too Early to Plan Ahead
Hotels around the globe are facing what might be a challenging situation of reopening or ramping up business after COVID-19 closures. The openings are...
New York City Leads U.S. Hotel Construction and Projected Openings
HENDERSONVILLE, Tennessee—New York City is ahead of all other U.S. markets in hotel rooms under construction and projected openings for the remainder of 2021,...
