U.S. Hotel Profitability Hit Pandemic High in February

BROOMFIELD, Colorado—In February 2021, U.S. hotel gross operating profit per available room (GOPPAR) reached its highest absolute level since February 2020, according to STR’s latest monthly P&L data release. U.S. Hotel Profitability  February 2021 vs. February 2020   GOPPAR: $17.35 (-83.3%) TRevPAR: $85.11 (-67.4%) EBITDA PAR: $0.14 (-99.8%) LPAR: $34.26 (-60.2%) GOPPAR had come in no higher than $12.69 for any month since the pandemic’s initial impact on industry performance last March. In addition to … Continue reading U.S. Hotel Profitability Hit Pandemic High in February