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New York City hotels

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...
Resort fees

Matter of Transparency: Resort Fees Are a Growing Source of Revenue

The 11th edition of the Uniform System of Accounts for the Lodging Industry (USALI) defines resort fees as "mandatory fees charged at either a...
Hotel spa

Rest and Relaxation: Health Movement Leads to Growth in Hotel Spas

In 2007, CBRE introduced Trends in the Hotel Spa Industry in response to the spa industry’s rapid expansion within hotels and resorts and its...
occupancy Decline, slowdown, september 2019, october 2019, GOPPAR

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...
Luxury hotels

Are Luxury Hotels Worth the Cost?

Despite the relatively high cost of construction and complexity of operations, developers are still attracted to owning and managing luxury hotels. As of August...
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