Long-Run (1946-2020) Effects of Inflation on Hotel Operating Performance
by
Jack Corgel, Ph.D., CBRE Consultant | Jul 15, 2022
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Key Takeaways
- The effects of inflation are only fully felt one year later.
- The inflation effect on hotel revenues and expenses was statistically significant. Read on to see if revenues or expenses were more closely tied to inflation.
- The relationship between hotel profits and inflation is not statistically significant over the period examined.