CBRE Group (NYSE:CBRE) has raised its forecast for hotel performance this year, citing stronger-than-expected demand and more modest supply growth drive occupancy gains. In its revised forecast, CBRE is predicting 2023 revenue per available room (RevPAR) will reach...
The French hospitality group Accor (OTC:ACCYY) has partnered with Saudi Arabia’s Erth Real Estate Co. on an endeavor to open three new luxury hotels in the Saudi capital of Riyadh. The hotels are part of new master planned development project and will include a...
Mainstay Raises $18 Million and Buys Truelist in Push Into Real Estate Brok…
