Tag: market performance
U.S. Hotels Report Profit Growth in January Amid Coronavirus Concerns
LONDON — U.S. hotels eked out a 0.6 percent year-over-year (YOY) increase in GOPPAR in January, but as the full scope of the coronavirus...
Miami Hotels Shatter Super Bowl Weekend Records
BROOMFIELD, Colo. — Miami hotel performance exceeded projections and reached record levels in both average daily rate (ADR) and revenue per available room (RevPAR)...
U.S. Hotels Record a Fifth Month of Profit Growth
Revenue per available room (RevPAR) and profit don’t always move lock and step, as demonstrated by HotStats' most recent data tracking full-service hotels. RevPAR...
STR: U.S. Hotels Report Positive Performance in May 2019
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported positive results in three key performance metrics during May 2019, according to data from STR. In a year-over-year...
Top 25 Markets Set the Performance Pace for U.S. Hotels
STR’s Top 25 Markets are the largest of the STR-defined U.S. markets, accounting for approximately 32 percent of hotel rooms across the country. Historically,...