STR: U.S. Hotel GOPPAR Improves Over Previous Month and Pre-Pandemic Comparable
HENDERSONVILLE, Tennessee—U.S. hotel gross operating profit per available room (GOPPAR) improved from the month prior and exceeded the pre-pandemic comparable, according to STR’s September 2022 P&L data release. Additionally, the cost of labor per available room came in higher than the pre-pandemic comparable for the first time. U.S. Hotel Performance September 2022 GOPPAR: $84.03 TRevPAR: $222.97 EBITDA PAR: $60.71 LPAR (Labor Costs): $71.52 “Labor costs moved ahead the 2019 comparable due to continued high levels […]
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