WASHINGTON—Improvement in group demand across the Top 25 Markets drove U.S. hotel revenue and profit growth, according to October P&L data from CoStar. October 2023 Per-available-room metrics Percent change from October 2022GOPPAR: $97.45 (up 3.7 percent)TRevPAR: $240.74 (up 4.0 percent)EBITDA PAR: $69.60 (down 1.2 percent)LPAR (Labor Costs): $74.48 (up 5.9 percent) The industry saw its largest year-over-year increases in GOPPAR and TRevPAR since March 2023. “The Top 25 Markets have showed an 11 percent jump […]

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