Profit growth in the U.S. hotel industry has been on a fast track since the depths of the downturn in 2009. It’s not coming to a stop anytime soon. Industry profits in 2009 totaled $24.5 billion, according to Hotel Operating Statistics, or HOST, Almanac from STR Analytics, a sister company of Hotel News Now. During 2013, profits stood at $41 billion, a 67.3% increase from 2009. During the same period, industry revenues grew nearly 30% to $163 billion from $125.5 billion. Between 2012 and 2013, profit grew 10.2% while revenue was up by 5.4%, according to HOST data. There was little difference in the percentage increase in revenue for limited-service hotels and full-service hotels, with limited service up 5.5% and full service growing by 5.4%. Get the full story at Hotel News Now