Article - Swinging Success? Unraveling the Impact of Golf on Resort Performance Post Pandemic - By Krish Vipani - According to the CBRE Hotel Horizons National Forecast Q4 2022, hotels in resort locations achieved the second highest RevPAR CAGR (4.59%) from 2019 to 2022, behind only hotels in interstate locations. Interestingly, the RevPAR for hotels in resort locations was 14.4% greater in 2022 than pre-pandemic levels in 2019.