STR: P&L Data for 2022 Shows All-Time Highs in Three Metrics
HENDERSONVILLE, Tennessee—Total U.S. hotel revenues, profits, and labor costs reached an all-time high, according to STR‘s P&L data for 2022. With more supply in the market, the key profitability metrics each came in lower than their pre-pandemic comparable on a per-available-room basis. U.S. Hotel Performance 2022 Estimated Totals Revenue: $239.7 billionGOP: $101.3 billionEBITDA: $74.8 billionLabor: $70.9 billion 2022 Per-Available-Room Metrics, Percentage change from 2019 GOPPAR: $73.70 (down 5.5 percent)TRevPAR: $202.23 (down 4.3 percent)EBITDA PAR: $52.20 […]
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