Tag: Hotel Horizons
CBRE Forecasts Stronger U.S. Hotel Performance in Second Half of 2021
DALLAS — The continued rollout of COVID-19 vaccinations and additional stimulus funds have strengthened the foundation for the recovery of the U.S. lodging industry....
Mixed Messages: COVID and Economic News Impacting the Performance of the U.S. Lodging Industry
While the surge in COVID-19 infections during the last few months of 2020 dampened expectations through the first half of 2021, news of effective...
CBRE: U.S. Hotel Industry to Begin Multiyear Recovery in Q3
LOS ANGELES – After facing the lowest occupancy levels since the 1930s and the greatest declines in revenues and profits ever experienced in the...
The Cost of COVID-19: Owners Face a Severe Hit to Their Fiscal Health
The COVID-19 virus has had an extreme negative impact on the U.S. lodging industry. According to CBRE’s June 2020 edition of Hotel Horizons, lodging...
CBRE Forecasts Demand Comeback in 2022, RevPAR Recovery in 2023
ATLANTA — After suffering the greatest performance declines in the history of the U.S. lodging industry during 2020, the nation’s hotels will benefit from...