Tag: CBRE
When Management Fee Growth Threatens The Profits It Reflects
The U.S. lodging industry’s recovery from the depths of the recent recession was characterized by strong growth in rooms revenue (RevPAR) concurrent with strict...
CBRE Arranges Sale of Marriott Downtown Des Moines
DES MOINES, Iowa—CBRE Hotels announced that it has arranged the sale of a 417-room Marriott in downtown Des Moines at 700 Grand Avenue in...
Spa Revenue Surpassing Room Revenue Growth
NEW YORK—In 2015, hotel spa department revenue grew at a faster pace compared to other sources of hotel revenue. According to the recently released...
CBRE Forecasts Mixed Levels of Success for Hotels in 2017
ATLANTA—The 2017 outlook for U.S. hotels offers mixed blessings, with near record occupancy levels projected while average daily room rates (ADR) are expected to...
How Cuba and Zika Are Impacting Caribbean Performance
ATLANTA—CBRE Hotels Americas Research announced that the average Caribbean hotel experienced a 10.2 percent increase in gross operating profit (GOP) during 2015, according to...