Overpaying for Hotel Properties – Which Ones?

Overpaying for Hotel Properties – Which Ones?

The cities that provided solid investment returns in 2019 may lag other cities in 2023 and beyond. The business hotels that provided solid investment returns in 2019 may underperform leisure hotels in the future. The types of hotels that investors will ‘pay up’ for in the coming years may differ from those selected prior to the COVID-19 pandemic.
The Growth In Management Fee Expense

The Growth In Management Fee Expense

CBRE Hotels Research analyzed the performance of 840 hotels that reported paying a management fee each year from 2009 through 2019 for CBRE’s annual Trends® survey and studied some more recent trends from CBRE’s monthly survey of operating performance during 2020.
Operating Observations from 2020

Operating Observations from 2020

While the overall news is grim, during the year we did observe the strong efforts of U.S. hotel operators to minimize losses.
The COVID Impact on Hotel Values

The COVID Impact on Hotel Values

Reliance on data and sensible intelligence to form value opinions has never been more important.
Ancillary Revenue In 2020: Resorts Benefit the Most

Ancillary Revenue In 2020: Resorts Benefit the Most

By controlling costs, U.S. hotels have been able to achieve a 16.7 percent gross operating profit (GOP) margin through August 2020.
Hotel Operators Adapt and Survive in 2020

Hotel Operators Adapt and Survive in 2020

Faced with the greatest declines in revenue since the 1930s, U.S. hotel operators in 2020 have demonstrated their historical ability to adapt to difficult market environments and squeeze the greatest efficiencies from their operations.