Tag: April 2020
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...
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...
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...
Hotel Stocks Rebound in April, But Remain Below Early 2020 Levels
HENDERSONVILLE, Tenn., and MILWAUKEE — The Baird/STR Hotel Stock Index rose 15.6 percent in April to a level of 3,177. Year to date through...