STR: March 2022 GOPPAR Reaches Highest Level Since November 2019
HENDERSONVILLE, Tennessee—U.S. hotel gross operating profit per available room (GOPPAR) reached its highest level since November 2019, according to STR‘s March 2022 P&L data release. The GOPPAR level was less than $10 shy of reaching the pre-pandemic comparable from March 2019. U.S. Hotel Performance GOPPAR: $83.81 TRevPAR: $204.84 EBITDA PAR: $62.68 LPAR (Labor Costs): $61.45 EBITDA PAR (earnings before interest, taxes, depreciation, and amortization per available room) was the industry’s highest since November 2019, while […]
The post STR: March 2022 GOPPAR Reaches Highest Level Since November 2019 appeared first on LODGING Magazine.
Atrium Hospitality’s Shares Graduates of Inaugural WomenRISE Class
ALPHARETTA, Georgia—In celebration of National Career Development Month in November, Atrium Hospit
U.S. group business shows highest overall index rating in four quarters
Cendyn’s Sales Intelligence platform, previously known as Knowland, and Amadeus, a travel intellig
CBRE: U.S. Hotel Performance Expected to Accelerate at Year End
DALLAS, Texas—Despite facing challenges from subdued summer demand and a sluggish third quarter, U
