Tag: Hotstats
HotStats: May Data Indicates Global Hotel Performance Stabilizing
LONDON — Though the global hospitality industry is still in critical condition due to COVID-19, the latest HotStats report found that as of May...
HotStats: U.S. Hotel Performance Hit a New Low in April
LONDON — In April 2020, U.S. hotel occupancy rates declined 73 percentage points from a year prior, average room rate dropped, and RevPAR fell...
HotStats: U.S. Hotel Performance Continued Free Fall in April, Signs of Rebound Emerge in...
LONDON — The drop in global hotel revenue and profit performance continued its free fall in April 2020, marked by dramatic year-over-year (YOY) decreases...
HotStats: Urban and Full-Service Hotels Hit Hard in March
LONDON — In March, U.S. hotel gross operating profit per available room (GOPPAR) was down 110.6 percent year-over-year (YOY) to -$12.71. The triple-digit drop...
HotStats: U.S. Hotel GOPPAR Down 110.6 Percent in March
LONDON — In the first analysis of full profit-and-loss performance since the COVID-19 pandemic swept through the global hospitality industry, March 2020 was expectedly...