Industry performance improving, but threat of COVID variants persists.
CBRE forecasts that U.S. hotels will achieve a 2021 annual occupancy level of 54.0%, along with an average daily rate
Revenue per available room recovery expected to push into 2023.
CBRE Hotels Research has released a preliminary 2020 forecast that analyzes the impact of the pandemic on hotel performance and
The 2019 demand slowdown will show its negative impact on ADR next year. CBRE’s forecast for ADR growth in 2020
Limited demand growth cannot keep pace with modest supply increases, according to Hotel Horizons June 2019 Edition.
For 2019, CBRE is forecasting a very slight (0.02 percent) increase in the nation’s occupancy level. Conversely, occupancy is forecast