By the numbers

INCOME

Net operating income up

According to a report by PKF Hospitality research, net operating income in the hotel industry rose 10.1 percent in 2013.

SUPPLY

Below the average

Virtual Event

HOTEL OPTIMIZATION PART 2 | SEPTEMBER 10 & 24, 2020

Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.


Hotel supply is forecasted to remain below the historical average of 1.9 percent until 2017, when it will rise 2.1 percent.

HOLDING

Average holding period rising

The average holding period for hotel assets increased by approximately six months, or .45 percent to 6.75 percent in 2014.

CAP RATES

Cap rates fall

Overall capitalization rates for hotels fell to 8.27 percent in 2014, the lowest recorded cap rate since the inception of the survey.

Source: PKF Consulting Hospitality Investment Survey

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