The hotel industry’s profit in 2011 rose 15.7 percent from that in 2010, to approximately $33 billion, STR reports through its Hotel Operating Statistics program. STR found the economy segment showing the highest profitability among all industry segments with a 42.3 percent profitability in 2011. Overall, profitability growth in the previous year ranged from 9.3 percent to 41.5 percent across the hotel segments, according to the report. Read the HotelNewsNow.com story here.
Proficient’s Rachel Narveson named QXO’s Female Roofing Professional of Year
QXO, Inc. has named Rachel Narveson, founder and CEO of Proficient Construction in Lake Elmo, Minnesota, is the winner of its 2025 North American Female Roofing Professional of the Year program, an