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Drive-to, ultra-luxury, and upper midscale lodging best positioned for 2023

2 February 2023
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Rachael Rothman, Head of Hotels Research, CBRE

CBRE’s Head of Hotels Research for the Americas, Rachael Rothman, talks about the sector’s 2023 outlook in a podcast, followed by a U.S. hotel forecast for 2023.

Key takeaways:

  • Hotel demand is still lower than pre-covid levels, while key performance indicators have been above 2019 levels since March 2022, mostly due to higher rates. 
  • Leisure led the recovery, followed by group and now inbound international travel 
  • Hoteliers have had to face labor shortages and increased wages.

Learn and listen here

TAGS: Hotels
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