U.S. hotel profitability hits pandemic high

U.S. hotel gross operating profit per available room (GOPPAR) reached its highest absolute level since February 2020, according to STR‘s February 2021 monthly P&L data release.  GOPPAR had come in no higher than US$12.69 for any month since the pandemic’s initial impact on industry performance last March. In addition to improved absolute levels in the profitability metrics, […]

2020 Global Hotel Profit And Loss Data Report

  HotStats, the global leader in monthly profit and loss data benchmarking, has released the findings of its “Profit Matters Global Hotel Performance Review 2020.” The annual report tracks global hotel industry performance across myriad revenue, expense and profitability metrics and features commentary focused on the trends that drove business in 2020. 2020 was like […]