High degree of accuracy in hotel budgets expected in 2016

During hospitality industry periods of success, budgets are usually very accurate, according to PKF Hospitality Research. In 2014, hoteliers were off on their revenue and profit targets by a scant 0.4%, and analysts believe that with the current state of growth, that accuracy will continue into 2016. This predictability will provide investors and lenders with more confidence and less risk, and operators can find reduced stress through the reliability of their budgets. Read the HotelNewsNow.com story here