Profit decline

STR: U.S. Hotel Profits Dropped 116.9 Percent in April

BROOMFIELD, Colo. — U.S. hotel gross operating profit per available room (GOPPAR) fell 116.9 percent during April 2020, according to the latest monthly P&L...
Downtown, Washington DC is empty during the COVID-16 global pandemic.

HotStats: U.S. Hotel Performance Hit a New Low in April

LONDON — In April 2020, U.S. hotel occupancy rates declined 73 percentage points from a year prior, average room rate dropped, and RevPAR fell...
coronavirus economic impact

HotStats: U.S. Hotel Performance Continued Free Fall in April, Signs of Rebound Emerge in...

LONDON — The drop in global hotel revenue and profit performance continued its free fall in April 2020, marked by dramatic year-over-year (YOY) decreases...
COVID-19 / coronavirus impact on economy

STR: U.S. Hotel Occupancy Rises Slightly at the End of April Into May

HENDERSONVILLE, Tenn. — STR data for April 26 through May 2, 2020, showed slightly higher U.S. hotel occupancy compared with previous weeks, but the...
Coronavirus with world map in the background

HotStats: U.S. Hotel GOPPAR Down 110.6 Percent in March

LONDON — In the first analysis of full profit-and-loss performance since the COVID-19 pandemic swept through the global hospitality industry, March 2020 was expectedly...
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A diverse team holds hands, representing diversity and workplace culture

14 Hotel Companies Among 2019 Best Employers for Diversity

Fourteen hotel companies are among this year's Best Employers for Diversity, according to Forbes magazine. The list, which recognizes organizations for their commitment to...
cockroach pests

How to Spot and Get Rid of Common Household Pests in Hotels

Running a business in the hospitality industry is a tough task, and when pests are added to the equation, it can get even more...
New York City

Five Markets With the Most Hotel Construction

Analysts at Lodging Econometrics recently reported the top five markets with the largest hotel construction pipelines for the third quarter of 2018. The number...
Women in LODGING 2018

15 Women Moving Up Hospitality’s Career Ladder

Over the past few years, more and more women seem to be climbing to the top ranks of the hotel industry. This isn’t a coincidence—woman...
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