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Joseph Rael

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2018 total labor growth — revenue

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...
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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...
second half of 2018

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,...