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
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