U.S. hotel gross operating profit per available room (GOPPAR) exceeded the pre-pandemic comparable for a second consecutive month, according to STR‘s April 2022 P&L data release.
The GOPPAR, TrevPAR and EBITDA PAR levels were the highest for the country since November 2019.
- GOPPAR: US$90.96
- TRevPAR: US$218.40
- EBITDA PAR: US$68.37
- LPAR (Labor Costs): US$64.22
“As the top-line metrics continue to progress toward full recovery, it is no surprise that the bottom-line metrics are coming in better than pre-pandemic times,” said Raquel Ortiz, STR’s director of financial performance. “GOPPAR and GOP margins continue to show incremental improvements month over month, with the GOP margin (41.6%) at its third-highest level on record and the highest since November 2018.
