Tag: profitability

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 […]

Finance and Development, Financial, Hotels

U.S. hotel profitability picks up further in June, full-service properties break even at 50% occupancy

July 27, 2020

Via: Hospitality Net

STR’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 […]