Executive Summary
CBRE forecasts U.S. RevPAR growing by 1.2% in 2024, down from its earlier expectation of 2.0% growth. Despite the reduced full-year expectations, RevPAR growth is expected to impro… [+16514 chars]
CBRE forecasts U.S. RevPAR growing by 1.2% in 2024, down from its earlier expectation of 2.0% growth. Despite the reduced full-year expectations, RevPAR growth is expected to improve in H2 2024, increasing by 2.0% versus just 0.5% in H1 2024.