Despite a sluggish Q3, U.S. hotel performance is projected to improve in Q4 2024 and into 2025, with modest RevPAR and ADR growth forecasted by CBRE.
DALLAS – Despite facing challenges from subdued summer demand and a sluggish third quarter, U.S. hotel performance is expected to reaccelerate in the fourth quarter and extend into 2025, according to CBRE’s latest forecast.
CBRE now forecasts a 0.5% increase in revenue…
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