CBRE Hotels Acquires PKF Consulting
"The acquisition of PKF Consulting USA, LLC, a leading advisory, consulting and research firm specializing in the lodging industry, significantly strengthens CBRE's objective of becoming the top global intermediary in hospitality services.
In addition, PKF Hospitality Research (PKF-HR) produces the oldest and most comprehensive source of hotel financial information in the United States, called Trends® in the Hotel Industry. The company also publishes Hotel Horizons®, a quarterly report that analyzes the historical and expected performance of 55 major U.S. lodging markets. Using its extensive databases, PKF-HR offers financial benchmarking, custom market research, and econometric forecasting services. These premier research tools add to CBRE arsenal of highly sophisticated, data-driven advisory services.
We are pleased to welcome the PKFC and PKF-HR teams of 62 professionals, led by David Arnold, Thomas Callahan and Mark Woodworth who have joined CBRE in thirteen offices in the U.S." said Robert McGrath, Senior Director for CBRE
Phone: 212 984 8267
About CBRE Hotels
CBRE Hotels is a specialized advisory group within CBRE providing brokerage, valuation, consulting, research and capital markets services to companies in the hotel sector. CBRE Hotels is comprised of over 375 dedicated hospitality professionals located in 60 offices across the globe.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world"s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated 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.