Virtua Partners Merges With Hotel Equities; Raises Over $341 Million in 2019
Scottsdale, Ariz. and Atlanta — Virtua Partners this week announced raising over $341 million in 2019. A significant portion of the total came from...
STR: U.S. Hotel Industry Posts Lowest RevPAR Growth Since Recession
HENDERSONVILLE, Tenn. — The U.S. hotel industry registered record-breaking performance levels during 2019 but its lowest growth rate in revenue per available room (RevPAR)...
Rest and Relaxation: Health Movement Leads to Growth in Hotel Spas
In 2007, CBRE introduced Trends in the Hotel Spa Industry in response to the spa industry’s rapid expansion within hotels and resorts and its...
U.S. Hotel Profit Growth Bounces Back in November After Downward Blip
A negative profit turn for U.S. hotels in October gave way to robust growth in November as GOPPAR climbed 6.1 percent year-over-year (YOY), the...
U.S. Hotel GOPPAR Turns Downward in October
U.S. Hotels
Profit & Loss Performance Indicators
October 2019 vs. October 2018
RevPAR: -2.1% to $190.93
TRevPAR: -0.9% to $300.54
Payroll: +2.3% to $98.64
GOPPAR: -2.8% to $126.97
Two consecutive months...
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Davidson Hospitality Group Recommits to Sustainability
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Maverick Hotels and Restaurants Adds Two Properties to Managed Portfolio
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