Tag: Hotstats
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...
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...
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...
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...
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...