By the numbers

REVENUE

Levels on the rise

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

Virtual Roundtable

Post COVID-19: The New Guest Experience

Join Hotel Management’s Elaine Simon for our latest roundtable—Post COVID-19: The New Guest Experience. The experts on the panel will share how to inspire guest confidence that hotels are safe and clean and how to win back guest business.

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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