Friday, August 22, 2014

PKF Consulting USA Reports Caribbean Hotels Steadily Improving

  
Scott Smith

 ATLANTA, GA — PKF Consulting USA (PKFC), announced today that the average Caribbean hotel enjoyed an 18.6 percent increase in net operating income (NOI) during 2013, according to its newly released 2014 edition of Caribbean Trends® in the Hotel Industry. 

This is the third year in a row that Caribbean hotels have experienced a double-digit increase in NOI and the highest annual growth in profits achieved since 2008.

“Caribbean hotels have unique operating challenges that result in relatively higher expenses,” said Scott Smith MAI, vice president in the Atlanta office of PKF Consulting, USA.

  “Fortunately, recent increases in visitation to the region have resulted in top-line revenue growth that has overcome the high costs and resulted in strong growth in bottom-line profits.”

For a complete copy of the company’s news release, please contact:

Patrick Daly
Account Supervisor
Daly Gray, Inc.
Office:  (703) 435-6293
Cell:  (703) 300-8289


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