U.S. hotel gross operating profit per available room (GOPPAR) exceeded the pre-pandemic comparable and was the highest since October 2022, according to STR‘s February 2023 P&L data release. EBITDA was the only key bottom-line metric on a per-available-room basis to come in lower than February 2019.
U.S. hotel profitability reached 32-month high in June
U.S. hotel gross operating profit per available room (GOPPAR) reached its highest level since October 2019.
Macro-level obstacles little match for global hotel industry
The global hotel industry is producing strong performance numbers all against a climate of financial unease.
Dubai hotels profitability levels seven times higher than 2019
Among key hotel markets in the Middle East, Dubai’s GOPPAR came in seven times higher than the 2019 comparable.
U.S. hotel profitability lower in May
U.S. hotel GOPPAR fell from the previous month, but surpassed the pre-pandemic comparable for a third consecutive month.
The top 10 hotel performance metrics
Here are the top 10 hotel metrics you should consider measuring at your property, how to calculate each value, and things you can do to improve performance.
U.S. hotel profitability surpassed 2019 levels for second consecutive month
U.S. hotel GOPPAR exceeded the pre-pandemic comparable for a second consecutive month.
Sydney hotels led April profitability recovery in APAC
Among key hotel markets in the Asia Pacific region, Sydney’s GOPPAR level came closest to its 2019 comparable.
U.S. hotel profitability reached 28-month high in March
U.S. hotel gross operating profit per available room reached its highest level since November 2019.
Recent expense rise presents threat to hotel profit
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.