Trends in the Hotel Industry. Monday, 19th May 2014 Source : PKF Hospitality Research LLC
Trends in the Hotel Industry is an annual compilation of unit-level hotel financial statements and since 1936, PKF Hospitality Research has collected year-end operating statements from thousands of hotels across the US.
From these statements, our Firm extracts 200 specific revenue and expense items and then puts the data into a uniform format to ensure equitable benchmarking.
The TrendsŪ database is the oldest and most comprehensive source of hotel financial information in the United States.
The results of the survey are presented in our annual TrendsŪ in the Hotel Industry report. The TrendsŪ report provides in-depth analyses of hotel revenues, expenses, and profits.
The data is arrayed in a variety of property type, geographic location, rate, and size categories, thus allowing hotel owners and operators to benchmark the performance of their properties to industry-wide averages of a similar profile. TrendsŪ is one of the most widely used and detailed reports of its type.
Watch Robert Mandelbaum walk through some of the 2014 findings: (Click the image)
For a more exacting financial comparison, PKF-HR offers its Benchmarker reports. Our Benchmarker service allows customers to select a smaller, comparable set of poperties to compare the performance of their hotel to.
PKF Consulting USA LLC (PKFC) professionals use the TrendsŪ database to assist their clients - hotel owners and operators, financial institutions, real estate developers, investors, and governmental agencies - in making informed decisions.
Hotel owners and operators are encouraged to participate in our TrendsŪ survey. Participation is both complimentary and confidential. Participants receive gratis copies of the TrendsŪ report, as well as discounts to other PKF-HR products and services.
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