STR: U.S. GOPPAR Surpassed Pre-Pandemic Comparable for Third Consecutive Month
HENDERSONVILLE, Tennessee—U.S. hotel gross operating profit per available room (GOPPAR) fell from the previous month, but surpassed the pre-pandemic comparable for a third consecutive month, according to STR’s May 2022 P&L data release. U.S. Hotel Performance May 2022 GOPPAR: $88.63 TRevPAR: $219.58 EBITDA PAR: $67.80 LPAR (Labor Costs): $66.27 The EBITDA PAR level was also down from April. “After the top-line metrics showed mixed results in May, it wasn’t a surprise that the bottom-line metrics […]
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