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Recent Hotels Insights
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According to the US Bureau of Labor and Statistics, the construction industry labor force increased by 2% in Q1 2023 while construction unemployment remains very low at 3.5%.
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Brief | Intelligent Investment
Q2 Global Real Estate Investment Buffeted by Monetary Tightening
August 9, 2023
Global commercial real estate investment volume fell by 57% year-over-year in Q2 2023 to US$142 billion.
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A Pictorial Update on Our Latest Thoughts and the Facts and Figures Influencing Our Industry
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Brief | Intelligent Investment
Economic Watch: Despite Slower Job Growth in July, Labor Market Remains Tight
August 4, 2023
The U.S. added 187,000 jobs in July, below consensus estimates of 200,000.
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The H1 2023 Cap Rate Survey provides a fresh perspective of where market sentiment is trending.
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The pandemic and hybrid work arrangements have generated strong demand for longer hotel stays, increasing the popularity of cost-effective extended-stay hotels and making them one of the fastest growing segments in hospitality.
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Based on our February 2023 Hotel Horizons® report, CBRE is forecasting that total hotel revenue for the average U.S. hotel returned to pre-COVID levels in 2022.
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Sustainability is an increasingly crucial component across almost all industries.
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What a difference a year makes – in the 2022 edition of Trends® in the Hotel Industry, we wrote that major markets were still attracting developers.
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According to CBRE’s February 2023 Investment Performance forecast, total revenues for the average U.S. hotel returned to 2019 levels in 2022.
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