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| R. Mark Woodworth |
Atlanta, GA, May 4, 2015 -- Results from the 2015 edition
of Trends® in the Hotel Industry, an annual report recently released by PKF
Hospitality Research (PKF-HR), a CBRE Company, reveal that U.S. hotels (on a
unit-level same-store sales basis) achieved a 12.3 percent increase in net
operating income (NOI) during 2014.
This marks the fourth consecutive year of profit growth in
excess of 10 percent, a trend that is forecast to continue through 2016.
This six-year period (2011-2016) of
continuous double-digit gains on the bottom line will be the longest such
streak for the nation’s hotels since PKF began tracking the industry in 1937.
“In 2014, the average hotel in our Trends® sample achieved a
bottom-line profit of $17,849 per available room.
"This is nominally greater than their 2007
pre-recession peaks, but perhaps of greater importance is that hotel profits,
in inflation-adjusted terms, will exceed 2007 levels in 2015,” said R. Mark Woodworth, senior managing
director of PKF-HR.
For a complete copy
of the company’s news release, please contact:
R. Mark Woodworth
Tel: 404 842 1150, ext. 222
PKF Hospitality Research, a CBRE Company
Email: mark.woodworth@pkfc.com
Chris Daly
Daly Gray Public
Relations
Tel: 703 435 6293
Email: chris@dalygray.com
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