U.S. Lodging Industry Overview – Mid-Year 2019

Have We Reached the Tipping Point?
The U.S. hotel market continues to achieve performance records that started in 2010 with the post-recession recovery. As of mid-year 2019, the hotel industry is still reporting positive revenue growth, but data from the second […]

Focus on Hotel Construction Costs 2019

Cushman & Wakefield’s Valuation & Advisory Hospitality & Gaming Practice Group provides consulting and valuation services for new and existing hotel properties across the globe. We are pleased to share our latest publication, Focus on Hotel Construction Costs 2019. This […]

U.S. Lodging Industry Overview – Year End 2018

Late Cycle Apprehension: A Blip or a Dip or Steady as She Goes?
While the hotel industry continues to show record revenue gains year over year with over nine years of revenue growth, the deceleration of room rate growth and the absorption […]

U.S. Lodging Industry Overview – Mid-Year 2018

The hotel industry continued to set records in the first half of 2018; even as revenue growth moderated, the overall performance exceeded expectations. While room revenue surged in the first half of the decade, growth rates since 2016 have softened, […]

Focus on Hotel Construction Costs 2018

On a national basis, the current cycle of hotel development appears to have moved well beyond the peak of 2016. The number of hotel rooms under construction, as of January 2018, is 1.6% lower than the year prior. While new […]

U.S. Lodging Overview – Year-End 2017

2018 – Is the Cycle Waning, Steady, or Just Beginning?
By the end of the year, the U.S. hotel industry performance neither disappointed, nor did it delight. Investors had been expecting slowing rate growth and a contraction in occupancy. However, the […]

Q4 2017 Cap Rates Across Canadian Markets

Shifting Dynamics in a Maturing Cycle
With the Bank of Canada bumping its lending rate for the third time in January, we are clearly in the midst of
a rising interest rate environment, but that doesn’t mean rates will rise as quickly […]

Q3 2017 Cap Rates Across Canadian Markets

Subtle Shift in Outlook for Tomorrow’s Markets
It is important to remember that the Bank of Canada implemented its first interest rate rise in seven years as recently as mid-July 2017. So it’s no surprise that rising interest rates have done little […]

Canadian Lodging Industry Overview – Hospitality & Gaming – November 2017

During Canada’s 150th anniversary, Canadian hotels and resorts had an impressive year with record high occupancy and average daily rates (ADR). However, while 2017 has been the latest in a string of record years, Cushman & Wakefield expects 2018 will […]

Hospitality Outlook – Canada – September 2017

Hospitality Market Continues to Outperform Expectations
Summer travelers looking for hotel deals faced sticker shock this year as the majority of Canadian hotels and resorts shattered records for room demand and average daily rates and continued a three-year streak of higher-than-average […]