4 Profitability Trends: Bottom Lines Have Improved but Expenses Continue to Grow
Through the third quarter of 2023, the U.S. hotel industry showed some continuation of profitability trends as well as new developments in the data that aligned with the start of corporate travel season. Margins are being pressured. With the overall demand mix and topline performance normalizing, year-over-year growth rates are weakening. At the same time, expenses continue to grow with total operating expenses per available room (TOEPAR) increasing roughly 1 percent from month to month. […]
The post 4 Profitability Trends: Bottom Lines Have Improved but Expenses Continue to Grow appeared first on LODGING Magazine.
SiteMinder: U.S. Travelers Prefer Direct Booking for 2025 Hotel Stays
DALLAS, Texas—SiteMinder has released its Changing Traveler Report 2025, which reported that 37 pe
Wyndham Hotels & Resorts Partners With Lafayette Square
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts has teamed up with investment firm Lafayette S
Cendyn and Amadeus Index Reports Highest Rating in Four Quarters
AUSTIN, Texas—Cendyn’s Sales Intelligence platform, previously known as Knowland, and Amadeus pr
