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March 12, 2019
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Americas: With Hotel Rates, a Better View on the Horizon


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As hotels are presently enjoying 100 consecutive months of rising revenue per available room and economic indicators are signaling strength into late 2020, many meeting and event planners have long had to play defense in their negotiations with hotels, using creative means to keep costs in check.

However, planners might want to start negotiating for their 2021 events armed with the most recent market analysis from CBRE Hotels America Research, which predicts that hotels will struggle to gain much in RevPAR that year because of a projected economic slowdown along with strong hotel-inventory growth.

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