The inflation effect is only statistically significant in luxury hotels. In fact, luxury hotels seem to benefit directly from inflation.
Given the challenges U.S. hotels are having attracting and retaining employees, the need to invest in employee training is as great as it has ever been.
The cases for, and, against a complete recovery are conceptual and not data driven because abstractions from historical data following previous shocks to travel demand are inappropriate since behaviors were unaffected then by significant technological advancements in telecommunications that altered business travel options.
As the 2022 budget season progresses, CBRE’s Hotels Advisory professionals surveyed 130 industry leaders around the U.S. regarding concerns facing the hotel industry.
New CBRE Hotels data highlights that activity has been propelled by a wave of hotels being sold for residential and build-to-rent conversions in addition to major portfolio sales, including the $620 million sale of 11 Travelodge hotels by the Tucker Box Hotel group, and landmark single asset transactions such as last week’s $315 million sale of the Sofitel Wentworth Sydney.
A review of the changes in marketing department expenditures from 2019 to 2020 provides some interesting insights into how U.S. hotels adjusted their unit-level marketing tactics in response to the industry recession.
Recent trends show emergent signs of weakening; the pace of improvement has slowed in most markets, and we are seeing a reversal in trends overall in others.
To analyze the impact that declining EBITDA levels had on the ability of hotel owners to pay their interest expense, CBRE studied a sample of 1,121 hotels that reported interest payments in their operating statements for the years 2019 and 2020.
The latest edition of CBRE U.S. Hotels State of the Union highlights key industry indicators and outlook for the U.S. Hotel industry
This report breaks down the evolution and impact travel restrictions and COVID-19 concerns have had on travel, with an eye to evaluating the key underpinnings of the industry’s return.