by
James Lane | May 22, 2019
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:
Based on the first quarter performance, CBRE has adjusted its RevPAR forecast for 2019. Occupancy for the year is now projected to increase slightly, the 10th consecutive annual rise in this important metric. On the other hand, the outlook for laggard ADR growth is expected to remain throughout the year. CBRE is now estimating an ADR gain of just
1.9% during 2019. The net result is a 2.0% annual increase in RevPAR. 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.
Email our Client Services team at;
websales@cbre.com with login/access issues.