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coronavirus

HotStats: Hotel Profit Perks Up Globally, Except in Europe

HotStats on Friday released its February 2021 report on hotel performance worldwide, showing positive profitability in regions outside of Europe, including the United States,...
Profit decline

Lobby, Please: The Exit of Hotel Profits

2020 kicked off with slight increases in both total revenues and gross operating profits, however, record industry highs quickly changed to record lows. Approximately...
STR GOPPAR 2020

STR: U.S. Hotel Profits Down 84.6 Percent in 2020

BROOMFIELD, Colorado — Including a 100.6 percent decline in December, U.S. hotel profitability fell 84.6 percent in 2020, according to STR's latest monthly P&L...
New York City hotels

NYC Hotel Profits Fell in September

While the U.S. hotel industry proved resilient in September, New York City hotels did not have a successful month, even as the city hosted...
hotel stock

U.S. Hotels Report Mostly Positive Performance for Q2 2019

HENDERSONVILLE, Tenn.—The U.S. hotel industry reported mostly positive results in three key performance metrics during Q2 2019, according to data from STR. In a...