Tag: Profit
STR: U.S. Hotel GOPPAR Exceeds Pre-Pandemic Comparable, Lowers From June
HENDERSONVILLE, Tennessee—U.S. hotel gross operating profit per available room (GOPPAR) once again exceeded the pre-pandemic comparable, but came in lower than the month prior,...
Hotstats: U.S. Hotel Industry Breaks Even in December
LONDON — The U.S. hotel industry returned to break-even profit in December, according to the latest report from Hotstats. December's gross operating profit per...
November HotStats Data Reveals Further Profit Strain in the United States and Abroad
LONDON — HotStats recently released its global hotel performance data for November, revealing that the hotel industry is still reeling from the effects of...
HotStats: U.S. Hotel Profit Stuck in Neutral as World Switches Gears
LONDON — For the seventh consecutive month, U.S. hotels remained in negative gross operating profit per available room (GOPPAR) territory in September 2020; at...
A Crash Course in Hotel Revenue Management for Non-Revenue Managers
With widespread furloughs, downsizing, and consolidation across the hotel industry, everyone is multitasking these days, and revenue management is no exception. At some hotel...