Monday, May 4, 2015

PKF Hospitality Research Releases 2015 Edition of Trends in the Hotel Industry


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
                                                                           

Chris Daly
  Daly Gray Public Relations
Tel: 703 435 6293

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