Hotels: Occupancy Rate Tracking just behind Record Year

First on hotel profits from HotelNewsNow.com: STR: US hotel profit margin surpasses 2007 peak Total industrywide house profit reached almost US$73 billion, a year-over-year increase of 9.4% on a per-available-room basis. On an absolute nominal basis, the house profit represents an all-time high, and the house profit margin for 2015 exceeds the previous industry peak reached in 2007. ... In real terms, the industry's total revenue in 2015 surpassed the levels realized at the previous peak of 2007, but remained below the peak in 2000. Similarly, the house profit realized in 2015 was the......(read more)

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