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CBRE tempers expectations due to Delta variant

The COVID-19 Delta variant’s emergence and spread has hampered plans for group and business travel this fall and winter, spurring CBRE Hotels Research to temper its expectations in September for Q4 2021 U.S. lodging performance on a national basis…
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Inside the Waldorf Astoria's $1 billion makeover

This month marks 90 years since the Waldorf Astoria first opened its doors on New York's Park Avenue in 1931, becoming the tallest and largest luxury hotel in the world during an inauspicious time, as the Great Depression cast its long shadow…
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Second Quarter 2021: Are We There Yet?

United States hotel prices have rebounded above their statistical lower bound in all regions except the Mountain states, signaling a return toward their pre-pandemic level—although we are not quite there yet…
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