Robert Mandelbaum, Director of Research Information Services, discusses the results of PKF Hospitality Research's Trends® in the Hotel Industry annual report. The results show that U.S. hotels are in a profitability sweet spot and PKF-HR is forecasting double-digit gains in NOI through 2015.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world's largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.