Hotel profits up - growth expected through 2015

Hotel profits up - growth expected through 2015

Core Facts

Subscribe
 [ What is this? ]

06/29/2012

 

According to STR’s recently released 2012 HOST Study, the 3,593 limited-service hotels sampled in the United States reported gross operating profit of 48.8% during 2011—an increase from 48% during 2010. These properties generated $45.28 in GOP per occupied room night and $11,517 per available room. STR is the parent company of HotelNewsNow.com.

The 2,574 full-service hotels sampled in the study reported similar gains, with GOP up from 29.9% in 2010 to 31.5% in 2011. In 2011, GOP was approximately $18,633 per available room and $75.54 per occupied roomnight.

 

Read the article at HotelNewsNow.com

Material contained in this article is provided for information purposes only and is not intended to be used in connection with the evaluation of any investments offered by David Lerner Associates,Inc. (DLA). This material does not constitute an offer or recommendation to buy or sell securities and should not be considering in connection with the purchase or sale of securities. Member FINRA & SIPC.


 

Technorati Tags: , , ,

^ Top

About

At David Lerner Associates we believe in the sensible middle ground of investing. We do not run with the herd. We pursue these fundamental investment principles regardless of market conditions. We offer many investment opportunities, some designed to provide income.

Founded in 1976, David Lerner Associates is a privately-held investment company with headquarters in Syosset, New York and branch offices in Westport, CT; Boca Raton, FL; Teaneck and Princeton, NJ; and White Plains, NY. For more information contact David Lerner Associates 1 877 367 5960
http://www.davidlerner.com

Like us on Facebook

Follow David Lerner Associates on Twitter

^ Top