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COVID-19 profit 2020

Hotstats: U.S. Hotel Industry Breaks Even in December

LONDON — The U.S. hotel industry returned to break-even profit in December, according to the latest report from Hotstats. December's gross operating profit per...
coronavirus economic impact

November HotStats Data Reveals Further Profit Strain in the United States and Abroad

LONDON — HotStats recently released its global hotel performance data for November, revealing that the hotel industry is still reeling from the effects of...
Coronavirus impact on economy

HotStats: U.S. Hotel Profit Stuck in Neutral as World Switches Gears

LONDON — For the seventh consecutive month, U.S. hotels remained in negative gross operating profit per available room (GOPPAR) territory in September 2020; at...
business woman working

A Crash Course in Hotel Revenue Management for Non-Revenue Managers

With widespread furloughs, downsizing, and consolidation across the hotel industry, everyone is multitasking these days, and revenue management is no exception. At some hotel...
occupancy Decline, slowdown, september 2019, october 2019, GOPPAR

U.S. Hotel GOPPAR Turns Downward in October

U.S. Hotels  Profit & Loss Performance Indicators October 2019 vs. October 2018 RevPAR: -2.1% to $190.93 TRevPAR: -0.9% to $300.54 Payroll: +2.3% to $98.64 GOPPAR: -2.8% to $126.97 Two consecutive months...
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