Profit Matters Global Hotel Performance Review 2020
HotStats | March 24, 2021
LONDON - March 24, 2021 - 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 no other year on record and operational data supported that, with most metrics down considerably year-over-year, as the hotel industry was forced to cope with the pernicious effects of the COVID-19 pandemic. Though asset types fared differently, all wer...
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