This free 10-point guide will help you understand what revenue management is and how to approach the subject, according to their working method.
How to measure your hotel’s profitability in 2022
2022 hotel profitability ratios: How to choose the correct one for your property.
Europe’s key hotel markets surpassed 2019 profitability levels in July
Several of Europe’s largest hotel markets, led by Berlin, surpassed their 2019 levels in gross operating profit per available room (GOPPAR), according to STR‘s July 2022 P&L data release.Â
U.S. hotel profitability slowed in July but outpaced 2019 levels for fourth consecutive month
U.S. hotel gross operating profit per available room (GOPPAR) once again exceeded the pre-pandemic comparable, but came in lower than the month prior, according to STR‘s July 2022 P&L data release.
Lodging companies tout strength of recovery
Lodging companies reported significantly improved results over the first quarter of 2022, with many profitability metrics outpacing those in 2019.
São Paulo leads hotel profitability recovery in Latin America
Among key hotel markets in Latin America, São Paulo led in recovery of gross operating profit per available room (GOPPAR).
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.
STR, TE upgrade forecast to full U.S. RevPAR recovery in 2022
On a nominal basis, the metric is now expected to surpass 2019 levels in 2022.
