CBRE Boosts Hotel Forecast Again

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Due to stronger-than-expected fourth quarter performance, CBRE Hotels Research has again updated its 2022 U.S. lodging forecast. Now occupancy, revenue per available room and average daily rate are all on track to either match or exceed 2019 levels as early as this year.

Factors such as inflation, high gas prices and low supply growth could complicate hotel recovery, but are not expected to excessively affect it.

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