Finance and Development, Markets
February 8, 2021
Via: Hotel ManagementIncluding 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 […]
Finance and Development, Financial, Hotels
July 27, 2020
Via: Hospitality NetSTR’s latest monthly P&L data release shows U.S. hotel gross operating profit per available room down 105.4% in June. That year-over-year percentage change showed continued improvement from April (-116.9%) and May (-110.1%). Additionally, some full-service properties broke even with occupancy […]
July 4, 2024