Joseph Rael
Beyond Rooms Revenue: Profit Growth Continues, Despite Falling Margins
This year, STR’s host P&L program collected P&L data for over 10,000 hotels globally, with more than half of the sample coming from the United States. The data continues to demonstrate modest revenue gains...
Modeling Hotel Profitability Based on the Latest U.S. Hotel Data
For several years, STR has produced an estimate of total revenues and gross operating profit for the U.S. lodging industry. For 2016, we reported an estimated $199 billion in total industry revenues. These estimates...
Slowing Revenue Growth Offset by High Occupancy and ADR
In 2016, the strong growth levels enjoyed by the U.S. lodging industry for the past few years experienced a significant slowdown. Moderate rate growth and flat occupancies were the norm for most hotels. Similarly,...