Tag: CBRE
Costs on the Rise: Hotel Insurance Represents a Growing Expense for Hoteliers
As of the writing of this article, we are still evaluating the long-term impact that COVID-19 is having on the U.S. lodging industry. Owners...
CBRE Forecasts Demand Comeback in 2022, RevPAR Recovery in 2023
ATLANTA — After suffering the greatest performance declines in the history of the U.S. lodging industry during 2020, the nation’s hotels will benefit from...
Report: 70 Percent of Hotel Employees Have Been Laid Off or Furloughed
WASHINGTON, D.C. — As COVID-19 continues to devastate the hotel industry, the American Hotel & Lodging Association (AHLA) released a new report highlighting that...
Are Third-Party Fees and Commissions Worth the Cost?
Effectively managing and marketing hotel properties sometimes requires an outside perspective. This is why owners will frequently pay third parties fees and commissions for...
CBRE Updates Forecast, Predicts 37 Percent RevPAR Decline for 2020
This week, CBRE released an updated 2020 outlook that analyzes the impact of the COVID-19 pandemic on hotel performance and provides insights into recovery...