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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...
2018 total labor growth — revenue

Beyond Rooms Revenue: Profit Growth Continues, Despite Falling Margins

This year, STR’s host P&L program collected P&L data for over 10,000 hotels globally, with more than half of the sample coming from the...
Elizabeth Randall-Winkle talks slowdown strategies

STR Strategy Officer Elizabeth Randall-Winkle Talks Slowdown Strategies

As chief strategy officer at STR, Elizabeth Randall-Winkle is responsible for the development and execution of the organization’s strategic initiatives. Randall-Winkle reviewed for LODGING...