Tag: Hotel Performance
NYC Hotels Record GOPPAR Decline for Third Straight Month
New York City hotels had a third consecutive month of GOPPAR decline in March—a figure that was off more than 27 percent YOY, according...
STR: U.S. Hotels Report Positive Performance in Q1 2019
HENDERSONVILLE, Tenn.—The U.S. hotel industry reported positive results in three key performance metrics during Q1 2019, according to data from STR. In a year-over-year...
New Orleans Hotels Recorded Increased Occupancy and RevPAR in January
In January 2019, U.S. hotels picked up essentially where they left off in 2018, demonstrating a sustained uptrend in profit growth, according to the...
Despite Government Shutdown, U.S. Hotels Recorded Profit Growth in January
Not even a government shutdown could throw the U.S. hotel industry off-kilter. In January 2019, hotels picked up essentially where they left off in...
Philadelphia Hotels Saw Profits Decline at the End of 2018
Hotels in Philadelphia saw declines for both December 2018 and the year as profit levels tumbled, impacted by falling non-rooms revenues and rising costs, according...