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Full-Service Hotel GOPPAR Levels Hit 2017 High in October

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 October 2017, according to the latest worldwide poll of full-service hotels from HotStats. Hotels achieved year-over-year ...

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Hoteliers Overestimated 2016 Performance

Hoteliers Overestimated 2016 Performance

From 2010 through 2015, U.S. hotels enjoyed above long-run average revenue and profit growth. Over the six-year period, total operating revenue increased at a compound annual growth rate (CAGR) of 5.8 percent, while gross operating profits grew at a CAGR ...

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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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