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August 2017 GOPPAR Levels Hit a 2017 Low

August 2017 GOPPAR Levels Hit a 2017 Low

Despite recording a 0.6 percent increase in RevPAR, GOPPAR at U.S. hotels fell to a year-to-date low of $71.01 in August 2017 as demand levels slowed during the summer, according to the latest worldwide poll of full-service hotels from HotStats. ...

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Cost Controls Drove Hotels’ Profit Growth in 2016

Cost Controls Drove Hotels’ Profit Growth in 2016

U.S. hoteliers enjoyed a seventh consecutive year of increasing profits in 2016 despite a slowdown in the rate of revenue growth. According to the 2017 edition of Trends in the Hotel Industry, total operating revenue, driven by a 0.2 percent ...

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When Management Fee Growth Threatens The Profits It Reflects

When Management Fee Growth Threatens The Profits It Reflects

The U.S. lodging industry’s recovery from the depths of the recent recession was characterized by strong growth in rooms revenue (RevPAR) concurrent with strict cost controls. This combination resulted in double-digit growth rates for profits—defined as income before deductions for ...

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Increasing Efficiency of Hotel Retail Outlets

Increasing Efficiency of Hotel Retail Outlets

Historically, hotels have offered retail operations primarily for guest convenience and satisfaction. And the revenue generated by hotel retail outlets typically represents only a small part of total hotel revenue—of the properties in the Trends in the Hotel Industry database ...

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Rising Expenses Cut into Hotel Profitability

Rising Expenses Cut into Hotel Profitability

There are a lot of “double-edged sword” issues on the minds of hotel operators these days. Hotel occupancy has reached record levels, which is attracting the attention of developers and therefore the threat of new competition. Inflation and interest rates ...

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