How Do Changes in the 10-Year Treasury Rate Affect Hotel Capitalization Rates
How Do Changes in the 10-Year Treasury Rate Affect Hotel Capitalization Rates

How Do Changes in the 10-Year Treasury Rate Affect Hotel Capitalization Rates
By Jack B. Corgel
CBRE Hotels · 1 Jun

On December 31, 2021, the constant maturity, 10-year U.S. Treasury note (the 10-year) stood at 1.52 percent. The 10-year now hovers around 3.0 percen

CBRE Hotels
Hotel Property Taxes – An Opportunity to Cut a Cost

Hotel Property Taxes – An Opportunity to Cut a Cost
By Robert Mandelbaum, Mark Whitney
CBRE Hotels · 27 May

According to the March 2022 edition of CBRE’s Hotel Horizons® national forecast report, the total revenue for a typical U.S. hotel is not expected to

CBRE Hotels
A Recap of The 33rd Annual Hunter Hotel Investment Conference

A Recap of The 33rd Annual Hunter Hotel Investment Conference
By Jack B. Corgel
CBRE Hotels · 12 Apr

Hunter Hotel Advisors sponsored their annual hotel investment conference March 22-24, 2022, at the Atlanta Marriott Marques, attended by 1,726 hotel

CBRE Hotels
Hotel Insurance – A Largely Uncontrollable Cost

Hotel Insurance – A Largely Uncontrollable Cost
By Robert Mandelbaum
CBRE Hotels · 5 Apr

To analyze recent changes in hotel insurance costs, and the factors that influence those changes, we examined the operating statements of 3,156 U.S.

CBRE Hotels
Shifts in Marketing Department Expenditures Reveals Changes In Tactics During Recession

Shifts in Marketing Department Expenditures Reveals Changes In Tactics During Recession
By Robert Mandelbaum
CBRE Hotels · 28 Oct

According to the 2021 edition of CBRE’s Trends® in the Hotel Industry report, total operating revenue for the average hotel in the sample declined by

CBRE Hotels
Hotels Owners Interested in Interest

Hotels Owners Interested in Interest
By Robert Mandelbaum, Mark K. Owens
CBRE Hotels · 1 Oct

Hotels Owners Interested in Interest To analyze the impact that declining EBITDA levels had on the ability of hotel owners to pay their interest expe

CBRE Hotels
Labor Cost Trends in 2020

Labor Cost Trends in 2020
By Robert Mandelbaum, David W. Heath
CBRE Hotels · 2 Aug

Based on CBRE’s survey of monthly operating performance, U.S. hotels experienced a 58 percent decline in total hotel revenues from 2019 to 2020. This

CBRE Hotels
Touring NCREIF's Property Total Return Index

Touring NCREIF's Property Total Return Index
By Jack B. Corgel
CBRE Hotels · 7 Jul

Hotel real estate investors need to measure both the absolute and relative financial performance of their properties. A 10% annual return may appear

CBRE Hotels
Controlling Telecommunication Costs

Controlling Telecommunication Costs
By Robert Mandelbaum, Michael Kane
CBRE Hotels · 2 Jul

Although telecommunications costs account for a small percentage of expenses, data during 2015 through 2019 revealed a significant upward trend in te

CBRE Hotels
The Growth In Management Fee Expense

The Growth In Management Fee Expense
By Robert Mandelbaum
CBRE Hotels · 1 May

In 2019, 86% of the hotels that participated in CBRE Hotels Research's annual Trends® in the Hotel Industry survey of property-level operating statem

CBRE Hotels
The Owner’s Obligation – Cash

The Owner’s Obligation – Cash
By Robert Mandelbaum
CBRE Hotels · 17 Aug

The COVID-19 virus has had an extreme negative impact on the U.S. lodging industry. According to CBRE's June 2020 edition of Hotel Horizons®, lodging

CBRE Hotels
Hotel Insurance Costs on the Rise

Hotel Insurance Costs on the Rise
By Robert Mandelbaum
CBRE Hotels · 21 Jul

As of the writing of this article we are in the early stages of evaluating the impact of the COVID-19 virus on the U.S. lodging industry. Owners and

COVID-19’s Potential Lasting Impact on Fixed vs Variable Hotel Expense Ratios
COVID-19’s Potential Lasting Impact on Fixed vs Variable Hotel Expense Ratios

COVID-19’s Potential Lasting Impact on Fixed vs Variable Hotel Expense Ratios
By Mark VanStekelenburg, Kannan Sankaran, Andrew Hartley, Vanessa Gonzalez
CBRE Hotels · 20 Jul

As a result of COVID-19, hotel operators have been forced to make tough decisions, including the most basic one on whether to keep the lights on. Man