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Parking Profits: As Occupancy Stalls, Hoteliers Increase Revenue From Drive-In Guests

Based on our February 2023 Hotel Horizons report, CBRE reports that total hotel revenue for the average U.S. hotel returned to pre-COVID levels in...
Comings & goings

This Week’s Comings & Goings

Rosewood Hotel Group announced the appointment of Kevin Yung as chief financial officer. With a career that stretches over 25 years, Yung has knowledge...
higher rates

Hoteliers Eyeing Interest Coverage: Challenge Increases This Year as Higher Rates Prevail in the...

According to CBRE’s February 2023 Investment Performance forecast, total revenues for the average U.S. hotel returned to 2019 levels in 2022, but the recovery...
Grice

Positioning Clients for Success: CBRE President on Innovative Services and Industry Trends

As president and head of CBRE Hotels in the Americas, Bill Grice leads a team of over 225 capital markets, advisory, project management, and...

CBRE Raises Hotel Performance Forecast to Reflect Demand and Supply Growth

DALLAS—CBRE is again raising its forecast for hotel performance this year, as stronger-than-expected demand and more modest supply growth drive occupancy gains. CBRE has revised...
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