We have completed our national and market level forecasting. Our data platform has been updated and new statistics are available on the Property Information Portal (PIP).
Features of our National Hotel Outlook Include:
U.S. Hotel RevPAR is expected to grow by just 2.7% in 2019. This is the lowest rate of growth since the recovery began in 2010. While operating margins are at the highest levels since 1960, we do not expect any more growth in the margin during this cycle primarily because of rising labor costs. CBRE forecasts a 1.9% increase in the number of available U.S. hotel rooms from 2018 to 2019. This is slightly less than 2018’s growth rate of 2.0%. With the slowing growth rate, it appears that supply growth has peaked, which should provide some relief for hotel owners and operators in 2019 and beyond.
Access the data through the platform to use a variety of analytical tools, or to download the PDF reports:
• Visit: https://pip.cbrehotels.com/property-analytics/hotel-horizons/marketdata
• After logging in, select the market in the drop down menu.
• Click on "Download/Export" button.