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CBRE Analyzes Previous U.S. Recessions

NATIONAL REPORT—In order to provide some perspective to the current operating environment, CBRE Hotels Research took a look at the performance of the U.S.
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In Q4, NYC RevPAR Dipped 4.4%

NEW YORK—RevPAR fell 4.4% year-over-year in the fourth quarter mainly due to a decline in pricing power across the board at Manhattan hotels, according
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LWHA: Transaction Volume Down, Florida Leads U.S. Activity

NEW YORK— Even though the U.S. hotel industry registered record-breaking performance levels during 2019, RevPAR growth was the lowest since the current cycle began
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Economic, Political Headwinds Expected to Impact U.S. Lodging

NATIONAL REPORT—According to PwC, fourth quarter lodging fundamentals came in slightly higher than anticipated, with ADR levels up 0.7% and occupancies flat, resulting in
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GlobalData: U.S. Tops Budget Hotel Market

LONDON—In 2018, the U.S. reported the highest revenue in the budget hotel market worldwide, followed by the U.K. Revenue increased by 3.5% year-over-year (YOY)
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PwC: Manhattan RevPAR, ADR Slides in Q3

NEW YORK—During the third quarter of 2019, RevPAR in Manhattan fell 3.1%, primarily due to declines in ADR. Growth in lodging demand didn’t keep
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U.S. Lodging Industry is Healthy, But Growth is Slow Through 2021

ATLANTA—CBRE Hotels Research forecasts that revenue growth will continue to diminish, but the U.S. lodging industry will remain strong through the next two years.
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PwC: Below Inflationary Growth in RevPAR Plagues U.S. Lodging

NATIONAL REPORT—Third quarter results continued to disappoint—once again coming in below expectations, with RevPAR growth of just 0.7%, according to PwC’s “U.S. Hospitality Directions”
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PwC: Manhattan Saw Dip in ADR, Occupancy in Q2

NEW YORK—During the second quarter of 2019, RevPAR in Manhattan fell 2.2%, as both ADR and occupancy declined. Demand did not keep up with
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Research: Hotel Performance Shows Optimistic Signs in Brazil

SÃO PAULO—According to JLL Hotels & Hospitality survey, Lodging Industry in Numbers—Brazil 2019, the performance of Brazilian hotels in 2018 showed a 4.7% growth
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