By the numbers

REVENUE

Levels on the rise

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

FREE DAILY NEWSLETTER

Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

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

Suggested Articles

This week has been about the economy and budget sector, the planet and whether the Reuben Brothers go clubbing a lot.

Barceló Group said that it was using management contracts to drive growth globally as it sought to become one of “the leading players in the sector".

Ramsey Mankarious, CEO, Cedar Capital Partners, outlines the opportunities for the year ahead.