U.S. hotel gross operating profit per available room improved in September and now exceeds the pre-pandemic comparable, said STR, Hendersonville, Tenn.
Tag: Raquel Ortiz
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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.
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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.
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U.S. Hotel Profitability Reaches 28-Month High
STR, Hendersonville, Tenn., said March U.S. hotel gross operating profits reached their highest levels since 2019.
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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.
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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.
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Hotel Profits Improve as Recovery Spreads
STR, Hendersonville, Tenn., said hotels saw an encouraging April as more revenue flowed through to the bottom line.
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Hotel Sector Showing Signs of Life
The hotel sector is coming back–slowly–from its pandemic-related downturn, analysts said.
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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.
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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.