CBRE: U.S. Hotel Performance Expected to Accelerate at Year End
DALLAS, Texas—Despite facing challenges from subdued summer demand and a sluggish third quarter, U.S. hotel performance is expected to reaccelerate in the fourth quarter and extend into 2025, according to CBRE’s latest forecast. CBRE now forecasts a 0.5 percent increase in revenue per available room (RevPAR) growth for 2024, down from the previously estimated 1.2 percent in August. This revision reflects a 40 basis point (bps) decrease in expected occupancy compared to the prior forecast, […]
The post CBRE: U.S. Hotel Performance Expected to Accelerate at Year End appeared first on LODGING Magazine.
Atrium Hospitality Shares Graduates of Inaugural WomenRISE Class
ALPHARETTA, Georgia—In celebration of National Career Development Month in November, Atrium Hospit
U.S. group business shows highest overall index rating in four quarters
Cendyn’s Sales Intelligence platform, previously known as Knowland, and Amadeus, a travel intellig
U.S. hotel results for week ending Nov. 9
As projected for election week, the U.S. hotel industry reported negative year-over-year (YOY) perfo
