by Phil Hall | May 16, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive
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...
by Phil Hall | Nov 15, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive
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...
by Phil Hall | Aug 15, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive
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...