Topic - CBRE Page 2

Hotel Property Taxes

Hotel Property Taxes - An Opportunity to Cut a Cost - By Robert Mandelbaum and Mark Whitney

According to the March 2022 edition of CBRE’s Hotel Horizons national forecast report, the total revenue for a typical U.S. hotel is not expected to return to pre-COVID 2019 nominal dollars until 2023. Accordingly, hotel owners and operators continue to seek ways to control expenses. One potential reduction opportunity is property taxes.

2022-05-26

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Management Appointment CBRE Hotels

Lawrence Britvan Named President and Vice Chairman Institutional Hotels for CBRE Capital Markets

Mr. Britvan joins CBRE from Hodges Ward Elliott, where he served as Group Head of Capital Markets since 2016.

2022-04-19

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Hotel Operating Costs

Hotel Insurance - A Largely Uncontrollable Cost - By Robert Mandelbaum

To analyze recent changes in hotel insurance costs, and the factors that influence those changes, we examined the operating statements of 3,156 U.S. hotels that reported insurance expenses for the Trends survey each year from 2015 through 2021.

2022-03-31

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CBRE Hotel Horizons Forecasts

CBRE Hotels Research Raises Forecast for 2022

CBRE now forecasts RevPAR to reach 2019 nominal levels by Q3 2022 under CBRE’s base case scenario, rather than in Q3 2023, as previously forecasted.

2022-03-18

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Market Report U.S.

CBRE Hotels Research U.S. Hotels State of the Union February 2022 Edition - By Rachael Rothman

A Pictorial Update on Our Latest Thoughts and the Facts and Figures Influencing Our Industry

2022-03-02

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Inflation

U.S. Hotel Viewpoint - Are Hotels a Hedge Against Inflation in the Modern Era? - By Bram Gallagher

The inflation effect is only statistically significant in luxury hotels. In fact, luxury hotels seem to benefit directly from inflation.

2022-02-28

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CBRE Trends In The Hotel Industry Report

Investing in Training Hotel Employees - By Robert Mandelbaum

Given the challenges U.S. hotels are having attracting and retaining employees, the need to invest in employee training is as great as it has ever been.

2022-01-31

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Business Travel Intentions

Recovery of Business Travel Part 2: The Case Against a Complete Recovery of Business Travel - By Jack Corgel

The cases for, and, against a complete recovery are conceptual and not data driven because abstractions from historical data following previous shocks to travel demand are inappropriate since behaviors were unaffected then by significant technological advancements in telecommunications that altered business travel options.

2022-01-13

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Market Report U.S.

The New Normal for the Way Ahead - By Tim Dick & Shiv Hira

As the 2022 budget season progresses, CBRE’s Hotels Advisory professionals surveyed 130 industry leaders around the U.S. regarding concerns facing the hotel industry.

2021-12-06

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Hotel Development Australia

Australian Hotels Transactions Hit a Five-year High After Surging Close to $2 Billion

New CBRE Hotels data highlights that activity has been propelled by a wave of hotels being sold for residential and build-to-rent conversions in addition to major portfolio sales, including the $620 million sale of 11 Travelodge hotels by the Tucker Box Hotel group, and landmark single asset transactions such as last week’s $315 million sale of the Sofitel Wentworth Sydney.

2021-11-08

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