Tag: P&L data
CoStar: Group Demand Impacts October P&L Data
WASHINGTON—Improvement in group demand across the Top 25 Markets drove U.S. hotel revenue and profit growth, according to October P&L data from CoStar.
October 2023...
STR: U.S. Hotel GOPPAR Exceeds Pre-Pandemic Comparable, Lowers From June
HENDERSONVILLE, Tennessee—U.S. hotel gross operating profit per available room (GOPPAR) once again exceeded the pre-pandemic comparable, but came in lower than the month prior,...
STR: U.S. Hotel Profitability Rises Following Omicron Variant Dip
HENDERSONVILLE, Tennessee—After falling to roughly $20.00 in January, gross operating profit for U.S. hotels reached nearly $59.00—the highest level in the metric since October...
U.S. Hotel Profitability Hit Pandemic High in February
BROOMFIELD, Colorado—In February 2021, U.S. hotel gross operating profit per available room (GOPPAR) reached its highest absolute level since February 2020, according to STR's...
STR: U.S. Hotel Profits Down 84.6 Percent in 2020
BROOMFIELD, Colorado — Including a 100.6 percent decline in December, U.S. hotel profitability fell 84.6 percent in 2020, according to STR's latest monthly P&L...