Tag: performance

While boutique hotels comprised just 3.2 percent of the total U.S. lodging supply in 2017, boutique projects represented 17.8 percent of the rooms in the development pipeline as of June 2018. These hotels are popular with developers for a variety of reasons: They frequently offer the unique, localized experiences that are favored by today’s travelers. They give the developer...

Hotels in the United States recorded a 5.2 percent year-on-year drop in profit per room in November, according to the latest HotStats data tracking full-service hotels. In line with the decline across the country, Seattle hotels recorded a drop in profit per room in November, falling 9.8 percent YOY to $71.89. This was the third month of decline in profit...

Hotels in the United States did not have much to be thankful for in November as they posted a 5.2 percent year-on-year drop in profit per room—the single biggest margin of decline thus far in 2018, according to the latest HotStats data tracking full-service hotels. November marked the third month in 2018 that U.S. hotels recorded a drop in profit, following...

U.S. hotels recorded their highest level of profit per room for the year in October, attaining revenue increases across all departments despite mounting costs, according to the latest full-service hotels report from HotStats. Key Performance Indicators October 2018 vs. October 2017 RevPAR: +3.2% to $182.65 TRevPAR: +3.4% to $294.57 Payroll: +0.1 pts. to 31.5% GOPPAR: +3.6% to $126.34 The 3.6 percent year-on-year increase in October enabled...

Key Performance Indicators September 2018 vs. September 2017 RevPAR: +15.6 percent to $116.82 TrevPAR: +9.8 percent to $232.14 Payroll: -2.6 points to 38.7 percent GOPPAR: +32.6 percent to $67.22 Phoenix hotels recorded a 32.6 percent year-on-year increase in GOPPAR on the back of a 15.6-percent uplift in RevPAR, according to the latest HotStats report. An increase in both volume and price drove top-line growth, the...