Report: 2006 was hotel industry's best year ever

11/9/2007 | TravelPulse

With pretax profits of $26.6 billion, the lodging industry enjoyed its best year ever in 2006, according to a new report from the American Hotel & Lodging Association. The pretax profit figure was up from $22.6 billion in 2005. Overall profitability in total sales in 2006 grossed $133.4 billion vs. $122.7 billion in 2005.

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