Tag: Revenue
U.S. GOPPAR Gains in July Illustrate Resiliency of Market
Hotels in the U.S. achieved their sixth month of YOY profit growth for 2019, underpinned by a strong increase in revenue across the board,...
RLH Corporation’s Signing Pace Is 60 Percent Ahead the First Half of 2018
DENVER — RLH Corporation executed 40 hotel franchise agreements during the second quarter—an increase of approximately 38 percent versus the number of contracts signed...
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...
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...
U.S. Hotel Profits Hit Record High in 2018, Even as Labor Costs Rose
BROOMFIELD, Colo.—Industrywide, U.S. hotel house profit reached a record-breaking $80 billion in 2018, even as labor costs grew at a higher rate than revenues,...