Tag: CBRE
Measuring the Impact of Growing Labor Expenses on Training Costs
In 2016, the average property in CBRE’s Trends in the Hotel Industry survey sample spent 31.3 percent of its total revenue, or 42.8 percent...
On the Move: This Week’s Comings and Goings
Gul Goknar will oversee the general management and operations teams for Denihan Hospitality as regional vice president of operations. Goknar’s 25 years of hospitality...
CBRE Forecasts Positive Performance for U.S. Historic Hotels
WASHINGTON, D.C.–The outlook for the U.S. lodging industry, particularly historic hotels, continues to be extremely strong, according to CBRE Hotels’ Americas Research (CBRE).
CBRE Hotels’...
Shifts in Revenue and Expenses Boost Hotel F&B Profits
Consumer dining trends tend to be more volatile than lodging trends. Recognizing this, hotel managers have made some significant changes in the way they...
Hoteliers Overestimated 2016 Performance
From 2010 through 2015, U.S. hotels enjoyed above long-run average revenue and profit growth. Over the six-year period, total operating revenue increased at a...