Tag: market reports
Business Travel Boosts U.S. Hotels’ Profit Per Room in September
Key Performance Indicators
September 2018 vs. September 2017
RevPAR: +0.6 percent to $158.72
TRevPAR: +3.4 percent to $252.30
Payroll: -0.3 pts to 35.1 percent
GOPPAR: +5.9 percent to $95.66
A...
Select-Service Hotels Prove Efficient, Profitable
The definition of “select-service” within the lodging industry may vary from person to person, but there is no doubt that properties in this segment...
Why Independent Hotels Are Thriving
The data has spoken. In 2016, sweeping uptakes in occupancy, average daily rate (ADR), and revenue per available room (RevPAR) revealed that independent hotel...
The Rising Cost of Rooms
Changes in rooms revenue per available room (RevPAR) and RevPAR penetration receive a lot of attention from hotel managers. Obviously, this is because renting...
A Look at Airport Hotels’ Solid Performance
STR counts approximately 2,300 hotels located in or near an airport throughout the United States. In 2015, these hotels had approximately 322,000 rooms available...
