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.
- 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