Tag: GOPPAR
U.S. Hotels Record a Fifth Month of Profit Growth
Revenue per available room (RevPAR) and profit don’t always move lock and step, as demonstrated by HotStats' most recent data tracking full-service hotels. RevPAR...
HotStats: Added Room Supply Hurt Miami Hotel Performance in April
Miami hotels had a difficult month in April 2019. GOPPAR was off 14.2 percent YOY, a likely byproduct of additional room supply that hit...
HotStats: U.S. GOPPAR Slips for First Time in 2019
April was the first month of the year during which U.S. hotels reported a year-over-year (YOY) decline in profit per room, as a drop...
U.S. Hotels Had a Third Consecutive Year of Profit Growth in 2018
U.S. hotels continued to make money last year. Year-over-year GOPPAR growth of 1.5 percent in December contributed to a 3.4 percent annual increase in...
U.S. Hotels Record 2018 High for Profit Per Room in October
U.S. hotels recorded their highest level of profit per room for the year in October, attaining revenue increases across all departments despite mounting costs,...