Tag: finance
STR: U.S. Hotel GOPPAR Reaches Highest Level Since October 2019
HENDERSONVILLE, Tennessee—U.S. hotel gross operating profit per available room (GOPPAR) reached its highest level since October 2019, according to STR's June 2022 P&L data...
Lodging Econometrics: Dallas Leads U.S. Construction Pipeline For the Fourth Consecutive Quarter
In the recently released Q2 2022 United States Construction Pipeline Trend Report from Lodging Econometrics (LE), at the close of the second quarter, the...
Accor Reports Half-Year 2022 Results
Accor's half-year report shared information including Q2 2022 RevPAR was above 2019 levels with improvement in profitability and cash flow generation. In addition, Accor's...
STR: U.S. Hotel Performance, RevPAR, and Occupancy Improve
HENDERSONVILLE, Tennessee—U.S. hotel performance improved from the previous week, and revenue per available room (RevPAR) reached an all-time high on a nominal basis, according...
Choice Hotels Announces Sale of Cambria Hotel Nashville Downtown
ROCKVILLE, Maryland—Choice Hotels International, Inc. announced the sale of the Cambria Hotel Nashville Downtown for $109.5 million. In addition, the company entered a long-term...