STR: Miami and Qatar Led Hotel Profit Recovery in 2022
LONDON—Miami and Qatar led the major global markets in hotel profit recovery for 2022, according to STR‘s full-year P&L data release. Both markets’ gross operating profit per available room (GOPPAR) surpassed 2019 levels, with the metric reaching 155 percent of the 2019 comparable in Miami. Helped by the World Cup, Qatar’s GOPPAR indexed at 152 percent. Qatar is designated as a market in STR’s database due to its size and composition. Noted below are the […]
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U.S. Hotel Results for Week Ending Dec. 14
WASHINGTON, DC—The U.S. hotel industry reported positive year-over-year performance comparisons, a
WaterWalk Holding Company Completes Successful Sale of WaterWalk Phoenix
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MMGY: U.S. travel demand reaches four-year high
Accentuated by upticks in brand loyalty and outbound tourism, Americans expressed their strong appet
