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CBRE: Hotel Numbers Up in May

Average daily rates, occupancy, and revenue per available room held steady or grew year-to-date compared with the same period in 2017, research from CBRE Hotels in Los Angeles shows.

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Hotel Rates, Revenue, Occupancy Up

Local hotels had higher average daily rates, occupancies, and revenue per available room in February, in both year-over-year numbers and compared with January, CBRE Hotels said. Most OC submarkets also increased.

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Marriott's Main Man

Olson’s Lido, Irvine Hotels Prep to Open

A mid-September tour of the under-construction Lido House Hotel in Newport Beach has turned into an impromptu architectural design review for Bob Olson.

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