Tag: Hotstats
U.S. Hotel GOPPAR Turns Downward in October
U.S. Hotels
Profit & Loss Performance Indicators
October 2019 vs. October 2018
RevPAR: -2.1% to $190.93
TRevPAR: -0.9% to $300.54
Payroll: +2.3% to $98.64
GOPPAR: -2.8% to $126.97
Two consecutive months...
RevPAR Jumps 17 Percent for New Orleans Hotels in September
New Orleans hotels had a stellar month in September 2019, according to the latest report from HotStats. The city hosted two Saints home games, including...
NYC Hotel Profits Fell in September
While the U.S. hotel industry proved resilient in September, New York City hotels did not have a successful month, even as the city hosted...
U.S. Hotel Industry Proves Resilient in September
The third quarter ended on a high note for U.S. hotels, as September profit-per-room climbed year-over-year (YOY), an indication that the current cycle still...
HotStats: Profit Growth Continues for U.S. Hotels
Any concern over a weakening U.S. economy has not yet infiltrated U.S. hotel industry profits. GOPPAR increased 1.4 percent year-over year in August, matching...