Tag: full-service
STR: Full-Service Hotels Break Even With 50 Percent Occupancy in June
BROOMFIELD, Colo. — STR's latest monthly P&L data release shows U.S. hotel gross operating profit per available room (GOPPAR) declined 105.4 percent in June...
Hyatt to Open Nearly 200 Hotels in the Americas by 2022
CHICAGO — Hyatt Hotels Corporation today announced plans to grow its Americas brand portfolio. Hyatt plans to open more than 50 full-service and select-service...
March 2018 Rate Peak Drives Profit Growth for Full-Service U.S. Hotels
The achieved average room rate at U.S. hotels hit a high of more than $220 in March, fueling the continued increase in profit per...
January 2018: RevPAR Grows But Profit Slips for U.S. Hotels
Profit per room at U.S. hotels dropped by 0.5 percent in January, in spite of an increase in revenues across all departments, including RevPAR,...
Full-Service Hotel GOPPAR Levels Hit 2017 High in October
Fueled by year-over-year growth across all revenue departments, profit levels at full-service U.S. hotels hit a year high of $135.08 per available room in...