Tag: Hotstats
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...
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...