By the numbers

REVENUE

Levels on the rise

Hotel industry revenue levels rose above an estimated $163 billion in 2013.

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.


INCOME

House profits and operating income

House profits in the hospitality industry neared $60 billion in 2013, with net operating income just over $41 billion.

GROWTH

Outpacing operational expenses

Revenue per available room grew 5.4 percent in 2013, leading to a gross operating profit of 9 percent.

EXPENSES

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

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