• Finance & Development
      • Finance
      • Development
      • Acquisitions
      • Real Estate
      • Market Reports
      • New Hotel Openings
      • Technology
      • Education
      • Operations
      • Housekeeping
      • Revenue Strategies
      • Smart Strategies
      • Sales & Marketing
      • Sustainability
      • F&B / FF&E
      • Architecture & Design
      • Design Trends
      • Renovations
      • Guest Experience
      • Amenities
      • Loyalty
      • Guest Relations
      • Wellness
      • Industry Happenings
      • Appointments/People on the Move
      • HITEC
      • Today's News
      • Other News
      • Coronavirus
      • Hotel Recovery
      • All Things Independent
      • SUBSCRIBE

      • READ ALL NEWS

      • CAREER CENTER

      • EVENTS

      • Submit Content

      • Media Kit

Skip to content
TwitterVimeoInstagram
1.555.555.555|info@domain.com
Hotel-Online Logo Hotel-Online Logo
Subscribe Industry Resources Career Center Daily Newsletter

U.S. hotel gross operating profit

Home/Tag: U.S. hotel gross operating profit

U.S. hotel gross operating profit

U.S. hotel gross operating profit

Recent Expense Rise Presents Threat to Hotel Profit

HotStats | March 30, 2022

February was a stronger month all around for the global hotel industry, but escalating line item expenses could derail what’s already a fragile profit rebound. In the U.S., gross operating profit per available room (GOPPAR) hit $65.98 for the month, more than $40 higher than January and the highest it’s been since October. It’s still well below pre-pandemic profit, which was recorded at more than $90 in February 2019. Ever since profit fell dramatically in April 2020, well into negative territory, U.S. hotels have steadily climbed back, but the drive back to normal GOPPAR levels has come in fits and starts. The precipitous drop in...

Labor Costs Brought U.S. Hotel Profitability Down Further in September

STR | November 2, 2021

HENDERSONVILLE, Tennessee — November 2, 2021 — Increased spending on labor created lower gross operating profit for U.S. hotels, according to STR‘s September 2021 monthly P&L data release. Estimated labor costs came in at 96% of the comparable level from 2019, which was the highest index of the pandemic-era. All the key profitability metrics fell from August. GOPPAR: US$46.29 TRevPAR: US$140.94 EBITDA PAR: US$30.47 LPAR (Labor Costs): US$47.50   “Higher labor margins meant less room for profits, and the GOP margin fell for the second consecutive month to 33%,” said Raquel Ortiz, STR’s assistant dire...

U.S. Hotels Surpassed 2019 Profit Level in July

STR | September 1, 2021

HENDERSONVILLE, Tennessee — September 1, 2021 — Estimated U.S. hotel gross operating profit for July 2021 came in at 111% of the 2019 comparable, according to STR‘s latest monthly P&L data release. In addition to total GOP estimates above July 2019, EBITDA came in at 116% of the pre-pandemic comparable. On a per-available-room basis, each of the key profitability metrics, aside from labor, came in higher than any month since February 2020. GOPPAR: US$62.33 TRevPAR: US$156.58 EBITDA PAR: US$41.81 LPAR (Labor Costs): US$46.24     “It is first important to note that one, or even a few months, wi...

Archive- Last 30 Days
  • 1 of 1
  • …
  • 1
  • Next »
  • 1

    Technology

    Agilysys

  • 2

    Appointments/People on the Move

    Conrad Dublin Appoints Kevin Brenna

  • 3

    Operations

    The BEST WESTERN PLUS Bayside Opens

  • 4

    Industry Happenings

    Sol Kerzner, Founder and Chairman o

  • 5

    All Things Independent

    Sol Kerzner, Founder and Chairman o

  • More >>>

Today's News
Converging Factors: Is a Soft Landing Possible?
Lodging Dynamics Selected to Manage Residence Inn by Marriott Los Angeles/Redondo Beach
Survey Reveals Consumers Are Splurging on Travel and Experiences Again After Years of Saving
Central Oregon: Evolution of Trends Post-Pandemic

Subscribe to the one-and-only
Hotel-Online!

As the first news aggregate for the hotel industry, Hotel-Online is the industry’s must-read daily news source for everything hotel curated for busy professionals. Sign up today for industry news delivered to your inbox.

TOPICS

  • - Top Read
  • - New Hotel Openings
  • - Real Estate
  • - Finance
  • - Technology
  • - F&B/FF&E
  • - Industry Resources
  • - Operations
  • - Architecture & Design
  • - Industry Happenings
  • - CoronaVirus
  • - All Things Independent

Contact

  • Hotel Online
  • 12460 Crabapple Road, STE 202 - 372
  • Alpharetta, GA 30004 US
  • (678) 802-5308
  • [email protected]

about us

  • About Us
  • Terms and Conditions
  • Privacy Policy
  • FAQ
  • Submit Content
  • Media Kit
  • Events
©Copyright 2019 | Hotel-Online.com | All Rights Reserved
Do NOT follow this link or you will be banned from the site!