Blackstone Acquires Majority Stake in Leading Accounting Software and Services Provider M3
August 15, 2024Hoteliers win as GSA raises FY 2025 per diem rates
August 16, 2024Dallas – August 15, 2024 – CBRE is reducing its forecast for U.S. hotel performance this year, as lodging demand softens due to weaker-than-expected leisure travel and slowing corporate profit growth. CBRE now projects a 1.2% increase in revenue per available room (RevPAR) growth for 2024, down from the 2.0% estimated in May 2024. Nevertheless, CBRE anticipates 2%…
