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

U.S. Cap Rate Survey

What's included?
- A live excel spreadsheet containing cap rate estimates for full service, limited service, resort, city center and hotels across 16 major markets. 
- The outlook for expected investment performance during the next year by hotel property type.
- A detailed breakdown of investors' risk perceptions on key KPIs and potential challenges.

Where does the data come from?
- CBRE is the world's largest commercial real estate firm with #1 market share in hotel sales across the globe.
- A dedicated CBRE team of economists conducts the survey, which features the insights of hotel-specific market leaders across CBRE's 116 offices in the United States.

How is this data helpful?
- The key to generating risk adjusted returns above your WACC is to understand not only where entry cap rates, lending requirements and NOIs are today, but where they are going.
- Investor sentiment and risks are critical factors – what's hot, what's not, and why.
- This data is from best-in-class industry experts. It is tabulated, easy to use, and key to any underwriting or purchasing decision.

To read the report explaining the findings click here. To purchase the underlying survey data (hotel) in excel format use the link below.

Cost: US $200, plus applicable taxes.
  • U.S. Hotel Cap Rate Survey H2 2022

    CBRE's H2 2022 Cap Rate Survey of U.S. Hotels (CRS) published in early March 2023, reflects the views of hundreds of professionals about how sentiment and pricing are changing across the hotels sector.

    The CRS captures cap rate estimates across more than 50 geographic markets to generate key insights from a wealth of data.

    Cost: US $200, plus applicable taxes. This includes underlying data excel export.
CRS Thumb H2 2022