General World News

What Happens When Government Per Diems Change? – By Bram Gallagher Ph.D. and Aman Patel

To assess how a change in the federal government per diem rates impact a lodging market, CBRE Hotels Research (CBRE) studied the Cobb County, Georgia market. Cobb County was chosen because in August of 2018 the GSA announced that it had designated Cobb County as new Non-Standard Area (NSA). In turn, the government per diem rate for Cobb Country dropped significantly for fiscal year 2019 which began in October 1, 2018. read more >>>

Source:: HotelNewsresource.Com