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, […]
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U.S. Hotel Results for Week Ending Dec. 14
WASHINGTON, DC—The U.S. hotel industry reported positive year-over-year performance comparisons, a
WaterWalk Holding Company Completes Successful Sale of WaterWalk Phoenix
WICHITA, Kansas—WaterWalk is pleased to announce the successful sale of its WaterWalk Phoenix Nort
MMGY: U.S. travel demand reaches four-year high
Accentuated by upticks in brand loyalty and outbound tourism, Americans expressed their strong appet
