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Opinion

As Occupancy Stalls, Parking Drives Hotel Revenue Growth

Based on our February 2023 Hotel Horizons® report, CBRE is forecasting that total hotel revenue for the average U.S. hotel returned to pre-COVID levels in 2022. This occurred despite the fact that the average occupancy for U.S. hotels is not expecte...

Robert Mandelbaum
Robert Mandelbaum
Director of Research Information Services at CBRE Hotels
CBRE Hotels
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Finance & Accounting
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Markets & Performance
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Robert Mandelbaum
by Robert Mandelbaum and Todd Casper
6 July 2023CBRE HotelsFinance & Accounting
CBRE Hotels
Opinion

U.S. Hotel Owners Eyeing Interest Coverage

According to CBRE’s February 2023 Investment Performance forecast, total revenues for the average U.S. hotel returned to 2019 levels in 2022, but the recovery of hotel profits will be delayed until later this year. Hotel franchise and management com...

Robert Mandelbaum
Robert Mandelbaum
Director of Research Information Services at CBRE Hotels
CBRE Hotels
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Real Estate & Investment
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Finance & Accounting
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Markets & Performance
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Robert Mandelbaum
by Robert Mandelbaum and Bill Grice
2 June 2023CBRE HotelsFinance & Accounting
CBRE Hotels
Opinion

Stay Innovative with Automated Hotel Processes

Automation in the hospitality industry continues to evolve and represents innovation at its finest. Automated processes promote hoteliers to build financial and operational success within hotels that are necessary to remain competitive in the market...

Shane Middleton
Shane Middleton
Strategic Partnership Manager
M3
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Finance
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Management Companies
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Finance & Accounting
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Asset Management
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Shane Middleton
by Shane Middleton
24 April 2023M3Finance & Accounting
M3
Looking Forward to 2023 – Industry Trends
Opinion

Looking Forward to 2023 – Industry Trends

Moving into 2023, the hospitality industry continues to advance in guest-facing as well as back-office technology, allowing hotel owners and management groups the ability to increase revenue, lower labor costs, and streamline accounting functions, a...

Danielle Abram
Danielle Abram
Content Writer at M3
M3
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Information Technology
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Finance & Accounting
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Danielle Abram
by Danielle Abram
19 December 2022M3Finance & Accounting
Looking Forward to 2023 – Industry Trends
Opinion

The Lag in Food and Beverage Recovery

According to CBRE’s September 2022 Hotel Horizons® forecast for the overall U.S. lodging industry, rooms revenue per available room (RevPAR) will exceed 2019 annual levels in 2022. This is driven by the accelerated recovery of average daily rate (AD...

Robert Mandelbaum
Robert Mandelbaum
Director of Research Information Services at CBRE Hotels
CBRE Hotels
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Food & Beverage
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Finance & Accounting
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Robert Mandelbaum
by Robert Mandelbaum and Andrew Hartley
12 December 2022CBRE HotelsFinance & Accounting
CBRE Hotels