Tag: 2021 trends
STR: U.S. Hotel GOP Reached 60 Percent of 2019 Levels in April 2021
BROOMFIELD, Colorado—Gross operating profit (GOP) for U.S. hotels reached 60 percent of the comparable 2019 level, according to STR‘s April 2021 monthly profit and...
Losers and Lesser Losers: Tracking Hotel Operating Performance in 2020
In 2020, U.S. hotels suffered the worst year of operating performance since CBRE began tracking profitability in 1938. During the year, the average hotel...
Benchmark Names 10 Trends Transforming Meetings in 2021
The Woodlands (Houston), Texas — Benchmark announced this week the top 10 trends impacting and transforming meetings in 2021 as observed by its portfolio...
Bob Rauch of RAR Hospitality Shares Predictions for 2021
It’s not a secret that many hoteliers have been undoubtedly struggling due to the ongoing COVID-19 pandemic. Bob Rauch, CEO and president of RAR...
Evolving Guest Behavior and Expectations in Hotel F&B in 2021
Hotel food and beverage outlets often serve as an anchor point for hotels and resorts, providing not only a place for friends, family, and...