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by Michael J. Shapiro | May 10, 2016
The 2015 profit margin for the U.S. hotel industry has surpassed its 2007 peak, according to STR's 25th annual HOST Almanac. Total industrywide house profit was nearly $73 billion last year, a 9.4 percent year-over-year increase and, on an absolute nominal basis, the highest ever. Industry revenue topped $189 billion, nearly $14 billion more than 2014's total.

"Industry revenues and profits continue to reach record highs," said Joseph Rael, STR's director of financial performance. "Of course, at this point in the cycle, we're seeing both revenue and profit growth starting to slow, and we expect growth to continue to taper over the next couple of years as well."

Growth rates in revenue and profit were robust but slowed slightly when compared to 2014.

Drilling down, STR found that upper midscale hotels enjoyed the greatest year-over-year profit increase (8.4 percent), while luxury properties experiences the lowest growth (6 percent). More details about the HOST reports are available here.