Article - CBRE U.S. Hotels State of the Union January 2024 - CBRE Now Expects 1.2% GDP Growth in 2024, Eliminating Recession Call - CBRE U.S. Hotels State of the Union January 2024 Edition
Swinging Success? Unraveling the Impact of Golf on Resort Performance Post Pandemic hospitalitynet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hospitalitynet.org Daily Mail and Mail on Sunday newspapers.
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.
CBRE is reducing its forecast for hotel performance this year, as weaker-than-expected summer demand resulted in a shortfall in Q2 2023 revenue per available room .
CBRE has revised its forecast for.