Wednesday, February 28, 2018

Survey: Room revenue drives growth for US hotels

U.S. hotels are relying less on revenue from spas, parking lots and gift shops amid strong revenue growth from rooms since the 2008-09 recession. Revenue from rooms grew by 38.8% from 2010 to 2016, according to CBRE‘s annual “Trends in the Hotel Industry” survey. Read the Hotel News Now story here

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