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Hotel Brand Performance 2024 | CBRE Short-term rentals’ share of total room nights has more than doubled since 2018 to over 16%, limiting average daily rate (ADR) and occupancy growth for hotels
The Sharing Economy Checks In: An Analysis of Airbnb in the . . . - CBRE The motivation for this study is to determine if and how short-term rentals booked through Airbnb are affecting hotel performance in the U S While Airbnb is not the only site for short-term rentals, it has become a leader in the industry Exhibit 1 shows an indexed number of Google searches for each of the most popular short-term rental sites
Urban strength will drive 2% RevPAR growth in US CBRE said alternative lodging sources continue to take share from traditional hotels with short-term rental demand share reaching 13 5% in January 2025 compared with 11 3% at the beginning of 2020 Similarly to hotels, short-term rentals experienced strong rate growth and occupancy expansion in January with RevPAR increasing 8 1%
US hotel RevPAR to grow 2% in 2025: CBRE | Hotel Dive Competition from alternative lodging sources continues to be a concern, as short-term rental demand share reached 13 5% in January compared with 11 3% at the beginning of 2020 Short-term rentals experienced strong rate growth and occupancy expansion in January with RevPAR increasing 8 1%, per CBRE
Alternative accommodation goes mainstream - HOTELSMag. com The sector, Makis said, is made up of a number of different sub-sectors ranging from short-term rentals to membership programs to shared accommodations She said there’s been an increase in apartment-style accommodations, which are similar to traditional extended-stay hotels and attract leisure travelers seeking longer stays and also
The American Hotel Lodging Association 2025 STATE OF THE INDUSTRY REPORT n estimated 1 8 million fewer room nights sold in short-term rental units At the same time, hotel room demand in New York City incr the same period in 2019—a period when short-term rentals were abundant New York City’s room demand
U. S. Hotels State of the Union September 2025 Edition CBRE's US Hotel State of the Union report analyzes economic forecasts, employment, travel demand, short-term rentals, capital markets impacting the hotel industry in 2025 Download the full report