In this video, Robert Mandelbaum, Director of Research Information Services for CBRE Hotels Americas Research, discusses the highlights of the firms 2017 Trends® in the Hotel Industry report.
In 2016, U.S. hotel operators were able to extract a 3.7 percent gain in gross operating profits from a 2.4 percent increase in total operating revenue. This was accomplished by controlling the rise in operating expenses to just 1.6 percent.
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