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coronavirus economic impact

November HotStats Data Reveals Further Profit Strain in the United States and Abroad

LONDON — HotStats recently released its global hotel performance data for November, revealing that the hotel industry is still reeling from the effects of...
Coronavirus impact on economy

HotStats: U.S. Flips to Positive Hotel Profitability in October

LONDON — In October, the United States recorded its first positive month of profitability since the start of the COVID-19 pandemic, according to the...
Coronavirus impact on economy

HotStats: U.S. Hotel Profit Stuck in Neutral as World Switches Gears

LONDON — For the seventh consecutive month, U.S. hotels remained in negative gross operating profit per available room (GOPPAR) territory in September 2020; at...
coronavirus economic impact

HotStats: August Proves Positive Month for Regions Outside U.S.

LONDON — Europe, Asia Pacific, and the Middle East all showed positive gross operating profit per available room (GOPPAR) in August, according to the...
Coronavirus with world map in the background

HotStats: Global Hotel Industry Makes Monthly Strides in July

LONDON — According to July profit and loss data from HotStats, the global regions continue to accrue negative months of profitability, with the exception...