Tag: Minnesota

Finance and Development, Markets

STR: U.S. hotel profitability down almost 85% in 2020

February 8, 2021

Via: Hotel Management

Including a 100.6 percent decline in December, U.S. hotel profitability fell 84.6 percent in 2020, according to STR‘s latest monthly profit-and-loss data release. December gross operating profit per available room came in worse than any month since June in both […]