Monthly P&L: U.S. GOPPAR Hits Highest Level Since October
BROOMFIELD, Colorado — In January 2021, U.S. hotel gross operating profit per available room (GOPPAR) improved slightly from prior months but remained in the...
Is the Industry Facing a CapEx Depletion Syndrome?
In 2020, as the pandemic swept through the United States, many of its nearly 58,000 hotels remained solvent in part by deferring planned capital...
Small Business Reorganization Act: Resolving Financial Hardship Amidst a Pandemic Economy
Owners of hospitality properties, which are considered “operating businesses,” owing less than $7.5 million may want to consider filing for Subchapter V bankruptcy to...
Behind the Conversion Trend
Attorney David Reina of Morris, Manning & Martin LLP’s Hospitality Practice already observes a clear uptick in acquisitions of distressed hotels for conversion into...
STR: U.S. Hotel Occupancy Up 4 Percentage Points in Second Week of February
HENDERSONVILLE, Tennessee—U.S. hotel occupancy increased more than 4 percentage points in the second week of February over the previous week, according to STR's latest...