cbre capital advisors
Operating Observations From 2020
Robert Mandelbaum | March 29, 2021
By Robert Mandelbaum In 2020, U.S. hotels suffered the worst year of operating performance since CBRE began tracking profitability in 1938. During the year, the average hotel in CBRE’s monthly survey of U.S. operating performance experienced a 78 percent decline in Gross Operating Profits (GOP) and achieve the lowest GOP margin (19.7%) over the past 82 years. While hotels may have earned enough revenues to cover their direct operating expenses, it is likely that the average hotel did not generate any cash from operations to cover their debt service. To track operating performance during 2020, CBRE collected monthly operating state...
CBRE Hotels Arranges $121 Million Sale of Four Seasons and Residences in Vail, CO
CBRE Group, Inc. | November 29, 2016
Vail, Colorado – November 29, 2016 – CBRE Hotels has arranged the sale of the 134-room Four Seasons Resort and Residences in Vail, Colorado for $121 million. Prominently located at 1 Vail Road, the Four Seasons Resort and Residences is the leading lodging product in the center of one of North America's most celebrated ski destinations. The resort offers guests a world-class ski experience through slope-side ski-valet facilities located adjacent to Gondola One in the epicenter of Vail Village. Bernard Van der Lande of CBRE Capital Advisors, along with Mark Darrington and Larry Kaplan of CBRE Hotels, represented Barclays in th...
