Tag: CBRE
Keeping the Lights Off: U.S. Hotel Utility Expenditures Drop
The pace of revenue growth is slowing for the U.S. lodging industry. Per STR, the pace of RevPAR (revenue per available room) increases has...
CBRE Boosts 2018 Lodging Outlook After Strong First Quarter
ATLANTA—Based on better-than-expected first quarter performance, CBRE Hotels’ Americas Research (CBRE) has enhanced its outlook for 2018. According to STR, U.S. hotels enjoyed a...
Mostly Steady: The Outlook for U.S. Hotel Profits in 2018
Since 2014, U.S. lodging industry owners and operators have seen a steady decline in the pace of revenue growth. In 2014, rooms revenue per...
U.S. Hotels Are Operating at the Highest Level of Efficiency Since 1960
Atlanta–U.S. hoteliers enjoyed an eighth consecutive year of increasing profits in 2017 despite another slowdown in the rate of revenue growth. According to the...
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...