U.S. Outlook for 2020 Coronavirus and the Risk to Hotels

marzo 24, 2020

Check out CBRE – U.S. Outlook for 2020 Coronavirus and the Risk to Hotels

• «The hotel market’s recovery from past major shocks, such as 9/11 nationally, Sars outbreak in Toronto, Ziki outbreak in Miami, typically took 14 to 24 months.
• Our downside scenario indicates it will take six to eight months for U.S. hotel demand to recover, and 12 to 14 months for ADR and REVPAR to recover.»