Tag: March 2019
NYC Hotels Record GOPPAR Decline for Third Straight Month
New York City hotels had a third consecutive month of GOPPAR decline in March—a figure that was off more than 27 percent YOY, according...
HotStats: U.S. Hotel TRevPAR Hits Record High, RevPAR Declines in March
U.S. hotel TRevPAR hit a record high in March 2019, propelled by a 6.8 percent year-on-year increase in non-rooms revenues, which offset a 0.6...
U.S. Lodging Outlook Good Through 2020, With Economic ‘Blip’ in 2021, Says CBRE
ATLANTA—A favorable economic outlook will lead to continued growth in U.S. hotel revenues and profits through 2020. However, an economic slowdown in 2021 will...