STR: Hotel earnings reached $58 billion in 2012

Data from STR Analytics‘ 2013 Host Almanac show the U.S. hotel industry’s earnings in 2012 at $58 billion, nearly reaching the record earnings set during the peak year of 2007. Net operating income was nearly $40 billion on a 13.4 percent rise in total revenue, to $162 billion. Read the World Property Channel story here.

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