March 2021 by the numbers with David Eisen from Hotstats, the world’s largest monthly profit-and-loss database in the hotel industry. With uniquely intelligent benchmarking and performance software, HotStats looks far beyond REVPAR, offering an unparalleled opportunity to understand the industry like never before. How does your performance stack up?
The numbers are in: hotel performance stats for 2020
Reviewing 2020 by the numbers and the Profit Matters, Global Hotel Performance Review 2020 report with David Eisen from Hotstats. Here is the hard evidence of the impacts of pandemic restrictions on hotel performance by region.
Hotel industry now knows what it’s up against
A breakdown by region of how the hotel industry performed in 2020.
U.S. hotel profit stuck in neutral; rest of world switches gears
Bouncing back to profitability is proving a Sisyphean task for U.S. hotels. The rest of the world is having a slightly easier path.
Hotels scrape out profit growth in January amid Coronavirus concern
U.S. hotels eked out a 0.6% year-over-year increase in GOPPAR in January, but as the full scope of the coronavirus becomes clearer, subsequent months could put pressure on hoteliers to generate both top- and bottom-line growth.
European hotels end 2019 on stellar profit performance note
The year ended on a strong note, represented by a fourth consecutive month of year-over-year profit growth on a per available room basis.
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.
European Hotels Grow GOPPAR for First Time in 2019
Hotels in mainland Europe recorded their first year-on-year increase in profit per room in May, powered by growth across all revenue centers, according to the latest data tracking hotels from HotStats.
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
Summer slump in the Middle East & Africa hotel sector
GOPPAR at hotels in the Middle East & Africa dropped to a new low of $34.70 in July as temperatures in the region soared and demand levels lagged, according to the latest worldwide poll of full-service hotels from HotStats. @hotstats
