Tag: RevPAR
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...
U.S. Hotel Occupancy, RevPAR, and ADR Decline in October 2019
HENDERSONVILLE, Tenn. — The U.S. hotel industry reported negative results in three key performance metrics during October 2019, according to data from STR. In...
STR Downgrades RevPAR Growth Projections
NASHVILLE — RevPAR growth projections for U.S. hotels have been downgraded to less than 1 percent for 2019 and 2020, according to STR and...
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...
U.S. Hotel Industry Proves Resilient in September
The third quarter ended on a high note for U.S. hotels, as September profit-per-room climbed year-over-year (YOY), an indication that the current cycle still...