Tag: Hotel Performance
U.S. Hotel GOPPAR Turns Downward in October
U.S. Hotels
Profit & Loss Performance Indicators
October 2019 vs. October 2018
RevPAR: -2.1% to $190.93
TRevPAR: -0.9% to $300.54
Payroll: +2.3% to $98.64
GOPPAR: -2.8% to $126.97
Two consecutive months...
U.S. Hotel Industry Proves Resilient in September
The third quarter ended on a high note for U.S. hotels, as September profit-per-room climbed year-over-year (YOY), an indication that the current cycle still...
Occupancy Declines For Third Time This Year in September
HENDERSONVILLE, Tenn. — The U.S. hotel industry reported mostly negative results in three key performance metrics for September 2019, according to data from STR....
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...