Tag: 2020
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...
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...
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...
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...
STR: U.S. Hotel Profits Down 84.6 Percent in 2020
BROOMFIELD, Colorado — Including a 100.6 percent decline in December, U.S. hotel profitability fell 84.6 percent in 2020, according to STR's latest monthly P&L...
