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Commercial Real Estate News for Tuesday, Jan. 3

Welcome to 2017! Check out these two commercial real estate articles — the first is a look back on 2016, the second is a look forward to hospitality real estate in 2017.

2016 Another Banner Year for Commercial Real Estate

Hard to believe another year has gone by. This is a look back on the top ten commercial real estate stories of 2016 as voted on by CoStar readers.w

As Good as it Gets? Peaking Hospitality Sector Facing Mixed Outlook from Rising Supply, Growing Influence of Airbnb

After achieving an all-time high occupancy rate of 65.4 percent in 2016, the lodging sector is likely to contract slightly this upcoming year. Experts say factors like AirBnb, Brexit, and low activity in the energy sector may all negatively impact the hospitality sector in 2017.