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Tag: May 2020

Minneapolis - St. Paul - Twin Cities

HotStats: Fragile U.S. Hotel Industry Records Performance Gains in May

LONDON — In the United States, between April and May 2020, total revenue per available room (TRevPAR) was up 39 percent (down 92 percent...
Revenue gains from April lows

STR: U.S. Hotel Profitability Improved in May After April Lows

BROOMFIELD, Colo. — STR's latest monthly P&L data release shows U.S. hotel gross operating profit per available room (GOPPAR) down 110.1 percent in May....

HotStats: May Data Indicates Global Hotel Performance Stabilizing

LONDON — Though the global hospitality industry is still in critical condition due to COVID-19, the latest HotStats report found that as of May...
Coronavirus / COVID-19

Baird/STR Hotel Stock Index Up 1.7 Percent in May

HENDERSONVILLE, Tenn., and MILWAUKEE — The Baird/STR Hotel Stock Index rose 1.7 percent in May to a level of 3,232. Year to date through...

Overall Leisure and Hospitality Employment Rose in May, Accommodations Jobs Declined

The U.S. Bureau of Labor Statistics today reported that 21 million were unemployed in May—down 2.1 million from the previous month. The national unemployment...