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Articles tagged “cbre”

Coronavirus

Convention Plateau: The Hotel Recovery Can Only Go So Far Without Group Bookings

Unless a vaccine or widespread coronavirus treatment becomes available this year, a W-shaped hotel industry recovery seems likely. But that doesn't mean hoteliers should accept that fate — alternative revenue streams are out there.

Cameron Sperance, Skift | 4 years ago

Convention Plateau: The Hotel Recovery Can Only Go So Far Without Group Bookings

Coronavirus

U.S. Hotel Industry Ended Record-Setting Development Streak in May

Hotel construction output lags metrics like occupancy in response to economic conditions. But the slow reaction time also means the development pipeline will likely take far longer to rebound from coronavirus than hotel performance.

Cameron Sperance, Skift | 4 years ago

U.S. Hotel Industry Ended Record-Setting Development Streak in May

Coronavirus

Move Over Revenue Models: Hotel Recoveries Will Also Need to Factor In Psychology, Sociology

Hoteliers should spend less time worrying about recovery timelines and focus more on boosting occupancy rates above break-even operational cost levels as quickly as possible. That may mean considering some non-traditional factors.

Cameron Sperance, Skift | 4 years ago

Move Over Revenue Models: Hotel Recoveries Will Also Need to Factor In Psychology, Sociology

Coronavirus

Global Hotels Will Lose Just 2 Percent of Supply Permanently Because of Coronavirus: Report

Ongoing government coronavirus relief efforts like the $2 trillion CARES Act and banks unwilling to take over hotels should keep most of the world's hotel supply intact through a very turbulent 2020.

Cameron Sperance, Skift | 4 years ago

Global Hotels Will Lose Just 2 Percent of Supply Permanently Because of Coronavirus: Report

Coronavirus

U.S. Hotel Profits Per Room Cratered to Losses in March

Gross operating profits tanked in March, and it could take until 2021 for them to get to levels where owners can satisfy operational costs and mortgage payments.

Cameron Sperance, Skift | 4 years ago

U.S. Hotel Profits Per Room Cratered to Losses in March

Coronavirus

Has Coronavirus Upended the Hotel Industry’s Main Performance Metric?

An unprecedented downturn calls for a hotel performance metric shakeup, as revenue declines don't show just how deep the coronavirus downturn in travel really is.

Cameron Sperance , Skift | 4 years ago

Has Coronavirus Upended the Hotel Industry’s Main Performance Metric?

Hotels

U.S. Hotel Occupancy Projected to Hit New Record in 2019 Despite Recent Softness

Bottom line for hotels? They haven't hit the top in terms of growth just yet, and probably won't for at least another year or two.

Deanna Ting, Skift | 5 years ago

U.S. Hotel Occupancy Projected to Hit New Record in 2019 Despite Recent Softness

Hotels

U.S. Hotels’ Summer Occupancy Saw Second-Largest Drop Since Recession

The United States thankfully had fewer hurricanes this year. But because of that good news, some hotel markets are posting occupancy drops because fewer people needed them this year. That's likely indicative of how soft those markets were before the storms hit.

Dan Peltier, Skift | 5 years ago

U.S. Hotels’ Summer Occupancy Saw Second-Largest Drop Since Recession

Hotels

Hotels Reap More Profits But Aren’t Yet Winning the Direct Booking Wars

Hoteliers know that, regardless of where we are in the cycle, it pays to know how to manage your spending.

Deanna Ting, Skift | 7 years ago

Hotels Reap More Profits But Aren’t Yet Winning the Direct Booking Wars

Hotels

Airbnb’s Growth Is Being Driven by Commercial Operators, Report Says

As with any report that covers Airbnb, whether it's from Airbnb itself or from its eternal nemesis, the AH&LA, we have to take this data with a generous helping of multiple grains of salt.

Deanna Ting, Skift | 7 years ago

Airbnb’s Growth Is Being Driven by Commercial Operators, Report Says