Tag: profitability
HotStats: U.S. GOPPAR Hovers at Break-Even Mark in January
After the worst performing year on record, the hotel industry is still contending with the impact of a global pandemic in 2021. Still, there...
STR: U.S. Hotel Profitability Improves in October
BROOMFIELD, Colorado—In October 2020, U.S. hotel profitability hit double figures for the first time since February, and year-over-year comparisons improved slightly from the previous...
HotStats: U.S. Flips to Positive Hotel Profitability in October
LONDON — In October, the United States recorded its first positive month of profitability since the start of the COVID-19 pandemic, according to the...
STR: U.S. Hotel Profitability Stalled in September
BROOMFIELD, Colorado—The U.S. hotel industry reported a third consecutive month with single-digit profitability, but improvements in year-over-year comparisons stalled, according to STR‘s latest monthly...
HotStats: August Proves Positive Month for Regions Outside U.S.
LONDON — Europe, Asia Pacific, and the Middle East all showed positive gross operating profit per available room (GOPPAR) in August, according to the...