Hotel Profitability Improves, Labor Costs Rise

U.S. hotel gross operating profit per available room improved in September and now exceeds the pre-pandemic comparable, said STR, Hendersonville, Tenn.

CBRE Raises Hotel Sector Outlook

CBRE, Dallas, raised its forecast for hotel performance based on second-quarter gains and its expectation for slightly positive GDP growth next year.

Hotel Profitability Drops

U.S. hotel gross operating profit per available room fell in May. But GOPPAR surpassed its pre-pandemic comparable for a third consecutive month, reported STR, Hendersonville, Tenn.

Hotel Profits, Recovery Forecast Improve

U.S. hotel profitability increased in October, and the sector’s recovery trajectory forecast has improved, STR and Fitch Ratings reported.

Hotel Metrics, Debt Markets Bounce Back

The hotel sector continues to bounce back from a devastating 2020, according to new reports from STR and JLL Hotels.

Hotel Profitability Improves Slightly

U.S. hotel gross operating profit per available room improved slightly from prior months in January, but remains in the low single digits, reported STR, Hendersonville, Tenn.

STR, TE Again Downgrade Hotel Forecast

STR, Hendersonville, Tenn., and Tourism Economics, Wayne, Pa., once again slightly downgraded their forecast for the U.S. hotel sector.