Tag: CBRE
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...
How the Components of Labor Costs Affect Hotels’ Bottom Lines
Per the Bureau of Labor Statistics, the average hourly compensation for a hospitality industry employee increased by 3.6 percent in 2016. In the hotel...
Cost Controls Drove Hotels’ Profit Growth in 2016
U.S. hoteliers enjoyed a seventh consecutive year of increasing profits in 2016 despite a slowdown in the rate of revenue growth. According to the...