Tag: PKF Hospitality Research
Hotel Budget Accuracy Benefits All
Since 2001, PKF Hospitality Research, a CBRE Company (PKF-HR), has assessed the accuracy of hotel budgets. Over the past 14 years, a trend has...
PKF: Despite Wall Street Issues, Lodging Finance Remains Strong
ATLANTA, Ga.—Recent gyrations on Wall Street may have hoteliers questioning whether this is the beginning of the end to the good times that have...
Unpacking Utilities: How Consumption and Pricing Influence Costs
When managing utility costs, hoteliers need to understand how much they spend on each service. According to the 2015 edition of Trends in the...
Profits Rise Despite Initial Signs of Expense Growth
Results from the latest edition of Trends in the Hotel Industry reveal that U.S. hotels achieved a 12.3 percent increase in net operating income...
Strong RevPAR and ADR Growth Projected for 2015
Like other industries, profits in the hotel business are achieved when revenues exceed the cost of operations. In 2015, there are several factors that...