ATLANTA, Ga., August 17, 2011-  Despite a decline in ADR and rising commodity prices, U.S. hotel managers were able to realize a 9.8 percent increase in net operating income in 2010. This was achieved through effective cost controls not typically seen during the initial stages of a lodging industry recovery.

In the following video, Robert Mandelbaum, PKF Hospitality Research Director of Research Information Services, highlights the findings of the 2011 Trends® in the Hotel Industry report.

The following are the results of PKF Hospitality Research's 75th annual Trends In The Hotel Industry survey. Trends® in the Hotel Industry is an annual compilation of unit-level hotel financial statements. Since 1936, PKF has collected year-end operating statements from thousands of hotels across the nation. From these statements, our Firm extracts 200 specific revenue and expense items and then puts the data into a uniform format to ensure equitable benchmarking. The Trends® database is the oldest and most comprehensive source of hotel financial information in the United States.