The outlook for the U.S. lodging industry, particularly historic hotels, continues to be extremely strong, according to PKF Hospitality Research (PKF- HR is a CBRE company).
For the second consecutive year, PKF Hospitality Research, a CBRE Company (PKF-HR) presented a Historic Hotels of America – PKF-HR five-year forecast at the Historic Hotels of America annual conference. PKF-HR relies on historical hotel performance data from STR, Inc., and economic forecasts from CBRE Economic Advisors, to prepare its lodging forecasts.
Key points presented by Mark Eble, managing director and Midwest practice leader for PKFC- USA | CBRE Hotels to more than 200 Historic Hotels of America annual conference attendees at French Lick Resort on Thursday, October 8 included:
Hotels that are marketed...