CBRE

CBRE: U.S. Hotels’ F&B Revenue Trails Pre-Covid Levels

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CBRE Hotels Research cites staffing shortages, cost control and straggling group travel through April 2022 among the top causes for the U.S. hotel industry’s lagging food and beverage department revenue, according to a recent company report.  While U.S. hotel rates and revenue per available room in 2022 peaked over pre-pandemic levels in 2022, which CBRE forecast … Read more

CBRE Again Raises U.S. Hotel Rate, RevPAR Forecast

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CBRE Hotels Research this week again increased its projection for 2022 U.S. hotel performance expectations, another in streak of forecasts from the firm that paints a powerful pricing picture for the coming months.  The research firm projects revenue per available room will close 2022 up 14.7 percent year over year, higher than the 13.1 percent CBRE … Read more