Tag: Hotstats
HotStats: Global Hotel Performance Struggles in June
LONDON — As the second quarter of 2020 closed, global regions continued to struggle with the effects of the coronavirus pandemic, with some areas...
HotStats: Fragile U.S. Hotel Industry Records Performance Gains in May
LONDON — In the United States, between April and May 2020, total revenue per available room (TRevPAR) was up 39 percent (down 92 percent...
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...