U.S. Hotel Profits Hit Record High in 2018, Even as Labor Costs Rose

Hotel Property for Sale

While expenses for hotel businesses continue to rise, 2018 turned in stronger profits than expected. That bodes well for the future of hotel owners and investors. Uptrend Profit Growth Maintaining profitability will prove to be a challenge for hotels as flattening occupancy levels and low unemployment will likely get in the way of achieving gains. […]