Hotel Horizons Forecasts are available for 65 U.S. cities and the entire U.S. broken into 6 chain scales.

Hotel Horizons will display five years of historical and ten years of forecast data for the selected market, as well as long-run means and standard deviations.

Click on “Download/Export” then “Hotel Horizons” to get instant access to that market’s Hotel Horizon pdf report that contains detailed historic and forecast data at the market level and historic and pipeline data for each submarket within that market. From the “Download/Export” button you can also export all of the market, submarket, and economics data, depending on which tab you are on.

The market can be changed to any market you subscribe to, and you can filter the data by upper, mid, and lower priced markets, scenario, and frequency. To look at submarket history for our market, click the “History” tab. The drop-down menu has all the available submarkets, and you can filter by upper, mid, lower price, change the frequency, and filter by booking channel.

Clicking on the “Economics” tab will bring you to historical and forecast key economic variables change in employment, income, gross metropolitan product, and consumer price index. Hotel Horizons displays long-run means and standard deviations as well.

Finally, you can click on the submarket locator tab to produce a map of your market or submarket. Choose from the drop down menus and click “Get Map.” You can drag or zoom the map with the mouse and scroll wheel and export it either as a .pdf file or Excel file.

* - To learn more about how we forecast the U.S. Hotel Market, please download CBRE Hotels Research Hotel Horizons®: Methodology


* - To learn more about how we forecast our Investment Performance series, please download CBRE Hotels Research Hotel Horizons®: Investment Performance Methodology


If you have any questions, or need assistance, please contact Client Services at websales@cbre.com.

Occupancy – Demand divided by supply. Overall Percentage of hotel occupied with guests for a given period

Average Daily Rate (ADR) - Revenue divided by Demand. The average rate a guest can expect to pay during a specified period of time.

Revenue Per Available Room (RevPAR) - Revenue divided by Supply: Overall utilization of a given property’s supply of rooms. Dollars of revenue per room available in a specified period of time.

Supply - Average number of rooms available during a specified period of time.

Demand - Average number of rooms sold during a specified period of time.

Revenue - Daily gross dollar income of room sales during a specified period of time.

Upper-Priced includes Luxury, and Upper Upscale properties*

Mid-Priced includes Upscale and Upper-Midscale properties*

Lower-Priced: includes Midscale, and Economy properties*

* - Based on Kalibri Labs Chain Scale Definitions


Hotel Horizons®

PROMOTIONAL DATA ONLY! Not intended for use with any analysis. To find out more about how to purchase access to this data, please contact CBRE Hotels' Client Services by email at websales@cbre.com.

Alternative scenarios are only available to clients with enterprise licenses. To find out more about how to purchase an enterprise license, please click here or contact CBRE Hotels' Client Services at (855) 223 1200 or by email at websales@cbre.com.

YearQTRTRevPARΔTRevPARTExPARΔTExPARN O IΔNOICap RateValue*ΔValue
YearTRevPARΔTRevPARTExPARΔTExPARN O IΔNOICap RateValue*ΔValue

Note: NOI does not include Rent.


Mean and Standard Deviation for Long Run Average — 2000 - 2023

TRevPARΔTRevPARTExPARΔTExPARN O IΔNOICap RateValueΔValue