Bram Gallagher

Economist at CBRE Hotels' Americas Research

Bram  GallagherBram Gallagher is an Economist for CBRE Hotels' Americas Research. He maintains performance forecasting models for 60 major U.S. hotel markets, performs consulting work for a destination marketing organization, creates tools for hotel developers, and examines the effects natural disasters have on hotel occupancy. His background in statistical modeling and understanding of how markets operate have allowed him to reveal powerful, new insight into the future of the lodging industry. Mr. Gallagher has worked as a professor at Middle Tennessee State University and Berry College. He left Academia for a research position in the lodging industry in 2015 to better learn how economics is practiced. Mr. Gallagher can be contacted at 404-812-5189 or [email protected]

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Insights by Bram Gallagher (10)

HotelBusiness Hot Topics—Industry Outlook 2021: Numbers & Analysis

Join Hotel Business VP of Content and Creative Christina Trauthwein as she gathers insight from industry leaders Roger Dow, president/CEO, U.S. Travel Association; JP Ford, SVP, Lodging Econometrics; Bram Gallagher, senior hotel economist, CBRE Hotels Research; Cindy Estis Green, CEO/co-founder, Kalibri Labs; and Chip Rogers, president/CEO, AHLA.

Plausibel predictions - 2021

As we all try to plan and learn about 2021, Sam-Erik Ruttmann and Abid Butt are delighted to organize a discussion around “Plausible Predictions – 2021”. We are thrilled to be joined by Bram Gallagher – Economist / Research Analyst, CBRE Hotels, Daniel Lesser – President & CEO, LW Hospitality, and Jeffrey Horwitz – Senior Partner, Proskauer to shed some light on what we can expect in the New Year.

Investment Performance and COVID-19: New Methods for Value Estimation

Creating implied values using estimated net operating income (NOI) and cap rates since the Great Financial Crisis (GFC) has been relatively straightforward. Since the hotel market enjoyed nearly a decade of stable, steady growth, the trailing four-quarter estimated NOI could be used as a reliable stabilized aggregate NOI.

Hotel Industry Update: A Slower Recovery Ahead

After 10 consecutive weeks of occupancy gains, the hotel industry was in a better position than we expected six weeks prior. For the week ending on June 27, U.S. hotels reached more than 46% occupancy, more than double the low point of 22% in April.

What Happens When Government Per Diems Change?

Because federal government employees purchase a significant quantity of hotel rooms, the General Services Administration (GSA) has partnered with Federal Travel Regulation (FTR) compliant accommodations to provide federal travelers with per diem hotel room rates for select high-volume travel destinations in and outside of the Continental United States.
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