by Phil Hall | Feb 21, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive
CBRE (NYSE: CBRE) is predicting a vibrant 2025 for the US hotel industry with a new forecast that expects revenue per available room (RevPAR) to enjoy steady growth throughout the year. CBRE is forecasting a 2.0% increase in RevPAR growth this year, with occupancy...
by Phil Hall | May 16, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive
CBRE (NYSE: CBRE) is predicting an improvement in revenue per available room (RevPAR) growth during the second half of 2024, following a weaker-than-expected first quarter. The company’s latest forecast projects a 2.0% increase in RevPAR growth for 2024, down from the...
by Phil Hall | Nov 16, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive
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...