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PKF Forecasts Double-Digit Gains in NOI Through 2015

PKF Forecasts Double-Digit Gains in NOI Through 2015

ATLANTA, Ga.—According to the 2014 edition of Trends in the Hotel Industry, an annual report recently released by PKF Hospitality Research LLC (PKF-HR), hotel profits are on pace to exceed pre-recession levels in 2014. Despite the slowdown in the pace ...

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Powering Down: Hotels Are Controlling Utility Costs

Powering Down: Hotels Are Controlling Utility Costs

According to the 2013 edition of PKF’s Trends in the Hotel Industry report, total operating expenses for the average U.S. hotel increased by 3.3 percent in 2012. During the year, all major expense categories posted an increase from 2011 except ...

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PKF: Hotels Struggle to Grow Other Revenue Sources

ATLANTA, Ga.—Now that the national hotel occupancy rate is approaching its long run averages and scarcity has returned in certain markets and property types, guests have to pay more to rent rooms. However, after the guests have checked in, managers ...

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Taking a Measure of Meals

At PKF Hospitality Research, we’ve been pleasantly surprised by the strong rebound in lodging demand that has occurred since the depths of the great recession in 2009. While the positive impact this has had on room revenue has been a ...

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The Cost of Guest Loyalty

Brand loyalty programs appear to be driving an increasing number of guests to U.S. hotels. However, this increased volume of room nights comes with an increased cost. To gain an understanding of the costs associated with guest loyalty programs, PKF ...

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