A new US hotel sector forecast published by CBRE (NYSE: CBRE) is predicting revenue per available room (RevPAR) will grow modestly in 2025, with activity fueled by urban locations benefitting from increased group and business travel along with rising demand for...
A new forecast from CBRE (NYSE: CBRE) is predicting a greater vibrancy for the US hotel industry in the fourth quarter following a subdued third quarter. CBRE is predicting a 0.5% increase in revenue per available room (RevPAR) growth for 2024, down from the...
CBRE (NYSE:CBRE) has revised its forecast for 2024 U.S. hotel performance, citing weaker-than-expected leisure travel and the slowing in corporate profit growth. CBRE is now projecting a 1.2% increase in revenue per available room (RevPAR) growth for 2024, down from...