Tag: RevPAR
A Mid-Year Update on the State of Hospitality Investment
The economy is not soaring by any means, despite 2.6 percent GDP growth, and after surviving the worst financial downturn since the great depression,...
Report: Payroll Puts Pressure on U.S. Hotel Profit Performance
Full-service hotels in the U.S. recorded a 1.2 percent increase in GOPPAR in June 2017 and faced a 2.0 percent increase in labor costs...
As RevPAR Growth Levels Off, Revenue Strategies Must Level Up
Monthly RevPAR has grown year-over-year for 88 straight months, so that must mean every hotel in America has been nailing marketing, distribution, and revenue...
PwC Forecasts Elevated Consumer Confidence, Lodging Demand
New York–Encouraged by the prospect of a strengthening economy, U.S. lodging performance continued to improve in the first quarter of 2017 according to the...
April RevPAR Growth Rebounds After Slow Q1
The U.S. hotel industry saw RevPAR increase 5 percent in April, with an occupancy of 68.1 percent, the highest April occupancy ever recorded. The...