CBRE, Dallas, said average daily rate gains and a 35 percent year-over-year occupancy increase showed demand for U.S. hotels endured in Q3 despite the Delta variant.
Tag: CBRE
CBRE: Commercial Real Estate Growth, Investment Likely To Grow
Next year could set a record for commercial real estate investment amid economic and real estate recoveries, major fiscal stimulus projects and a rebound of big cities and downtowns, reported CBRE, Dallas.
CBRE: Hybrid Work Has Companies Facing New Set of Office Occupancy Challenges
CBRE, Dallas, said as companies bring employees back to the office, executives grapple with new complexities: tracking daily occupancy, managing seating assignments, finding the right balance of individual versus collaborative space.
CBRE: CRE Lending Soars as Markets Enter Expansion Phase
CBRE, Dallas, reported commercial real estate lending activity surged in the third quarter, reflecting rebounding property acquisitions activity.
Tech Industry Expands Office-Leasing Activity
CBRE, Dallas, said the technology industry led a rebound in U.S. office-leasing activity this year, fueled by increased hiring and demand for tech products and services.
Flex-Office Sector Poised For Growth
CBRE, Dallas, said the flex-office sector is poised to benefit as companies adapt their office portfolios to accommodate more flexible work practices.
August Office Space Offered For Sublease Declines
CBRE, Dallas, said office space offered for sublease registered its first monthly decline in August since the pandemic started.
Office Market Recovery Pauses In August Amid COVID Flareups
The large-market office sector recovery lost momentum in August amid renewed concerns about COVID-19 variants, reported CBRE, Dallas.
Many Markets See Commercial Real Estate Values Return to Pre-Pandemic Levels
Commercial real estate values have returned to pre-pandemic levels in many U.S. markets, continuing a recovery that began at year-end 2020, said CBRE, Dallas.
Office Market Seeing Nascent Recovery
Activity in the 12 largest U.S. office markets indicates many have started their recovery from the pandemic-induced downturn, reported CBRE, Dallas.