Tag: performance
HotStats: U.S. Hotels Suffer Profit Plunge in November
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...
U.S. Hotels Record 2018 High for Profit Per Room in October
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,...
Phoenix Hotels Recorded a Jump in RevPAR in September
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...
San Francisco Hotels Saw a Profit Increase in September
Key Performance Indicators
September 2018 vs. September 2017
RevPAR: +9.6 percent to $278.13
TrevPAR: +7.1 percent to $365.57
Payroll: -2.2 pts to 37.4 percent
GOPPAR: +17.2 percent to $150.13
In...
Beyond Numbers: Putting Big Data To Work
Thanks to technology, today’s hotel owners and managers benefit from a nonstop stream of information, and ever-improving dashboards keep it always at the ready....