Tag: New York
Kalibri Labs Turns Spotlight on New York Hotel Performance
New York typically has among the highest guest-paid average daily rates (ADRs) in the country. However, so far this year, the market suffered a...
Los Angeles Leads U.S. Hotel Construction Pipeline at the End of Q2
PORTSMOUTH, N.H.— Lodging Econometrics (LE) this week reported the top five U.S. markets with the largest total hotel construction pipelines at the close of...
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...
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...
Six U.S. Markets With the Most Hotel Rooms Under Construction
According to STR data, the U.S. hotel construction pipeline totaled 1,615 projects and 208,807 rooms at the end of January—6.8 percent more than the...