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CBRE: Global Recovery Has Begun in Most Regions, But There Are Risks

DALLAS—The global economic recovery has begun to hit its stride in most regions, with workforces in many countries planning to return to the office...
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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...
empty front desk

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...

Union Gaming Acquired by CBRE Group, Inc.

DALLAS—CBRE Group, Inc. has acquired Union Gaming, a boutique investment bank and advisory firm focused exclusively on the global gaming sector. Union Gaming, based...
Residence Inn Norfolk Airport

Residence Inn Norfolk Airport Sold by CBRE

NORFOLK, Virginia—CBRE facilitated the sale of the Residence Inn Norfolk Airport, an all-suite, 130-room hotel located in Norfolk, Virginia. LTD Management DBA Lake Wright...