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Leading hotel companies are stepping beyond the traditional hotel stay to offer bespoke experiences and strategic partnerships that benefit both guests and their bottom line. ....
Article - Hotel Insurance - A Rising Expense With Limited Control - By Robert Mandelbaum and Christopher Nassa - For most U.S. hotel owners and operators, one of the major challenges in 2023 has been the need to control expenses amidst slowing revenue growth. Through September of 2023, the properties in CBRE s monthly survey of hotel operating statements have seen their total operating revenues increase by 7.4% year-over-year, while total operating expenses grew by 10.0% during the same period. The net result was a decline in Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of 0.2%. ....
Article - Beyond the Television - Hotel In Room Entertainment Has Evolved - By Robert Mandelbaum and Andrea Grigg - In today s hotels, in-room entertainment has moved beyond the television. It is just one part of the overall in-room technology package that includes internet services, streaming, and other smart interactions. While improving guest satisfaction is the primary factor for offering the latest in in-room entertainment, some amenities can also be a source of revenue. ....
To help hotel developers and investors with their due-diligence process, CBRE Hotels Research collected more than 20 years, and analyzed ten years, worth of hotel key performance indicators (KPIs) disclosed in the SEC filings of six large public companies: Choice, Hilton, Hyatt, IHG Hotels & Resorts, Marriott and Wyndham. Combined, these companies had more than three million rooms or approximately 60% of total U.S. hotel supply at year-end 2022. Underlying data used to conduct this analysis is available for purchase here. ....
Article - CBRE Hotels Releases Ten Year Analysis of Hotel Brand Performance - CBRE Hotels Research analyzed ten years of hotel brand performance for six large public hotel companies, encompassing over three million rooms or 60% of US supply as of year-end 2022. Revenue per available room (RevPAR) growth for only 10 of the 49 brands held by these six companies met or exceeded the 2.9% compound annual growth rate (CAGR) of the Consumer Price Index (CPI) from 2013 to 2022. ....