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STR: Full-Service Hotels Break Even With 50 Percent Occupancy in June

Among top markets, Tampa/St. Petersburg, Fla., recorded the highest TrevPAR and GOPPAR levels in June 2020.
BROOMFIELD, Colo. — STR's latest monthly P&L data release shows U.S. hotel gross operating profit per available room (GOPPAR) declined 105.4 percent in June 2020. That year-over-year (YOY) percentage change showed continued improvement from April (down 116.9 percent YOY) and May (down 110.1 percent YOY). Additionally, some full-service properties broke even with occupancy at 50 percent, one month after...

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

Revenue gains from 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. That percentage change was a slight improvement from April’s decline of 116.9 percent. Additionally, limited-service properties showed positive profitability on average when surpassing 45 percent occupancy. U.S. Hotel Performance May 2020 vs. May 2019   GOPPAR: -110.1% to -$10.26 TRevPAR:...

STR March P&L Data: GOPPAR Fell 101.7 Percent

Profitability
BROOMFIELD, Colo. — U.S. hotel gross operating profit per available room (GOPPAR) fell 101.7 percent during March 2020, according to the first-ever monthly P&L data release from STR. In a year-over-year comparison with March 2019, GOPPAR fell 101.7 percent to negative $2.10, total revenue per available room (TRevPAR) fell 64 percent to $104.93, EBIDTA earnings before interest, income tax, depreciation,...