Tag: Hotel Performance
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...
San Diego Hotels Saw Profit Increases in December
In December, hotels in San Diego recorded a 41.8 percent year-over-year (YOY) increase in profit per room, which hit $86.44 for the month, according...
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...
Portland, Oregon, Hotels Suffer Growing Pains in November
Hotels in the United States recorded a 5.2 percent year-on-year drop in profit per room in November, according to the latest HotStats data tracking full-service hotels....