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Tag: March 2020

Traveler unpacking suitcase

Kalibri Labs: Advantages of Extended-Stay Hotels in a COVID-19 World

ROCKVILLE, Md. — Kalibri Labs has released a special report evaluating U.S. hotel performance using unique length of stay and rate category metrics for...
Brooklyn Bridge New York City

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...
Profitability

STR March P&L Data: GOPPAR Fell 101.7 Percent

BROOMFIELD, Colo. — U.S. hotel gross operating profit per available room (GOPPAR) fell 101.7 percent during March 2020, according to the first-ever monthly P&L...
Coronavirus with world map in the background

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...
U.S. Hotel Construction

U.S. Hotel Construction Peaked in March

HENDERSONVILLE, Tenn. — The U.S. hotel industry recorded 214,704 rooms under construction in March 2020, the highest end-of-month total ever reported by STR. The industry’s...
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