Tag: Hotel Performance
Poor Performers: Why Some Hotels Are Not Rising With the Tide
According to the March 2019 edition of CBRE's Hotel Horizons forecast report, the 2019 average annual occupancy level for U.S. hotels is projected to...
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...
STR: U.S. Hotel Occupancy, ADR, and RevPAR Up in April 2019
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported positive results in the three key performance metrics during April 2019, according to data from STR.
In a year-over-year...
Phoenix Hotels Report Positive Performance in March
Phoenix hotels had a positive month of profit performance in March, according to the latest data tracking full-service U.S. hotels from HotStats. GOPPAR soared...
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...