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HotStats U.S. September Market Review: Stronger Business Travel Leads to Profit-Per-Room Bounce

On a year-over-year basis, hotels recorded a 5.9 percent increase in profit per room, driven by growth in revenue across all departments, particularly food/beverage, up 7.6 percent, on a per-available-room basis. As a result of the contribution from...

from Hospitality Net Industry News https://ift.tt/2ANcSmJ
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