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PKF projects continued net-income growth among hoteliers

The latest “Trends in the Hotel Industry” report by PKF Hospitality Research indicates that hoteliers will continue to see double-digit growth in yearly net operating income through the end of next year. Unit-level net operating income is projected to increase 12.4 percent this year and 14.2 percent in 2015, continuing a five-year streak of gains above 10 percent in the sector. PKF-HR reports that resort hotels posted the strongest profit increase in 2013, at 11.9 percent, with full-service properties coming in second at 11.5 percent. Read the GlobeSt.com story here

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