Estimated Dubai GOPPAR for October 2021 came in at 159% of the 2019 comparable.
New deal between hotel owners and management
The new deal proposed here is the need for a new number to emerge and be adopted in the same way REVPAR and REVPAR index was and is.
GOPPAR characteristics
If you only use RevPAR index, then you are missing the bulk of the story.
HotStats: U.S. hotel industry resilient, GOPPAR up in September
The third quarter ended on a high note for U.S. hotels, as September profit per room climbed year-over-year, indication that the current cycle still has teeth.
Despite RevPAR bounce, GOPPAR Drops at UK Hotels
Despite RevPAR growth, an increase in costs continued to chip away at profit levels at hotels in the UK in May, according to the latest data from HotStats.
GOPPAR bounces back, but cost concerns remain at U.S. hotels
Hotstats releases the latest revenue trends for U.S. hotels. Despite GOPPAR recovering, hoteliers are urged to keep and eye on costs which impact profits.
MENA hotels’ rate jump not enough to produce positive GOPPAR
despite an almost double-digit uptick in the average room rate, year-over-year profit per room at hotels in the Middle East & North Africa dropped in May
Yen devaluation leads to profit boost for Japanese hotels
Japan’s hotel industry has benefitted substantially from the devaluation of the Japanese yen, experiencing four consecutive years of double-digit percentage growth in gross operating profit per available room (GOPPAR).
