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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...
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2020 Takeaways: Operating Observations From Last Year

In 2020, U.S. hotels suffered the worst year of operating performance since CBRE began tracking profitability in 1938. During the year, the average hotel...
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Global Hotel Pipeline Down Slightly in 2020

PORTSMOUTH, N.H. — At the end of 2020, the global hotel construction pipeline stood at 13,943 projects/2,312,410 rooms—down 7 percent by projects and 6...
Panoramic aerial view of Miraflores in Lima, Peru. Lima had the largest pipeline among cities in Latin America at the end of Q2 2020 with 31 projects totaling 4,551 rooms.

Latin America Hotel Pipeline Down 11 Percent at the End of 2020

PORTSMOUTH, N.H. — Latin America had 632 projects/109,597 rooms in its hotel construction pipeline at the end of 2020, down 11 percent by projects...
hotel Construction Pipeline - October 2019

U.S. Ends 2020 With 5,216 Hotels in the Pipeline

PORTSMOUTH, N.H. — According to Lodging Econometrics’ (LE’s) Construction Pipeline Trend Report for the United States, the total U.S. hotel construction pipeline stood at...
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