Levels on the rise
Hotel industry revenue levels rose above an estimated $163 billion in 2013.
House profits and operating income
House profits in the hospitality industry neared $60 billion in 2013, with net operating income just over $41 billion.
Outpacing operational expenses
Revenue per available room grew 5.4 percent in 2013, leading to a gross operating profit of 9 percent.
Operational expenses rise modestly
Departmental and undistributed operating expenses rose just 3.8 percent and 2.8 percent, respectively, in 2013.
Source: STR Analytics Hotel Operating Statistics Almanac