Tag: profitability
4 Profitability Trends: Bottom Lines Have Improved but Expenses Continue to Grow
Through the third quarter of 2023, the U.S. hotel industry showed some continuation of profitability trends as well as new developments in the data...
Uptick in Profit: Group Demand and F&B Revenues Drive Gains
After hitting record lows during early points of the pandemic, last year finally presented long-awaited profitability returns for the U.S. hotel industry. Strong demand,...
STR: Miami and Dubai Led Major Markets in Hotel Profit Recovery in 2021
LONDON — Miami and Dubai led the major global markets in hotel profit recovery for 2021, according to STR's full-year P&L data release. Miami’s...
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...
Monthly P&L: U.S. GOPPAR Hits Highest Level Since October
BROOMFIELD, Colorado — In January 2021, U.S. hotel gross operating profit per available room (GOPPAR) improved slightly from prior months but remained in the...