CBRE EA U.S. Hotels ViewPoint | Extended-Stay Hotels Led the Pack in 2020, But Will That be the Story in 2021?

by Bram Gallagher, Ph. D. | Apr 08, 2021

CBRE EA expects hotel revenue per available room to make a full recovery to pre-COVID-19 levels by 2024. Economy hotels have led the recovery, but the return of business and group travel will boost demand for upper-scale hotels.