CBRE (NYSE:CBRE) is forecasting the lodging industry will record a growth in revenue per available room (RevPAR) during 2024 as inbound international travel further improves and sector-specific headwinds moderate. The company’s 3% RevPAR growth forecast for 2024 is...
CBRE Group Inc. (NYSE:CBRE) announced the investment banking team from Sera Global, a global independent real assets advisor, has joined the company. The Sera team has offices worldwide – including New York City, London, Los Angeles, Toronto, Boston, Frankfurt,...
CBRE (NYSE:CBRE) has announced the appointment of James Millon as president of U.S. Debt and Structured Finance (DSF). In his new job, Millon will lead steer CBRE’s U.S.-based DSF business – a provider of commercial and multifamily financing – and will be responsible...
CBRE (NYSE:CBRE) reduced its 2023 forecast for hotel performance, citing a weaker-than-expected summer demand that created a second quarter revenue per available room (RevPAR) shortfall. The revised forecast is now predicting a 2023 RevPAR of $96.64, up 4.6%...
CBRE (NYSE:CBRE) has hired Andrea Grigg as senior managing director and global head of hotels asset management for CBRE Hotels. Grigg will be based in Atlanta and is tasked with developing and leading the firm’s global hotel asset management and operator selection...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
