CBRE Forecasts RevPAR to Recover by Mid-2023
DALLAS—According to CBRE, average daily rate (ADR) gained and a 35.1 percent year-over-year increase in hotel occupancy in Q3 2021, which showed demand for U.S. hotel stays endured in the face of the Delta COVID variant. Continued improvement in domestic travel and the rollback of many international travel restrictions have led CBRE to revise its forecast significantly upward in the near- and medium-term. Revenue per available room (RevPAR) is now forecast to reach 2019 nominal […]
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Atrium Hospitality Shares Graduates of Inaugural WomenRISE Class
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Cendyn’s Sales Intelligence platform, previously known as Knowland, and Amadeus, a travel intellig
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
