It’s budget season for hoteliers, so every line item is being examined carefully. Last year, average-daily-rate growth and leaner operating models meant high gross-operating-profit margins for ...
The latest U.S. hotel industry profit-and-loss data from CoStar shows that normalizing demand for hotels and declining occupancy are leading to a reduction in profitability.
Hotel performance in the top 25 U.S. hotel markets has improved consistently as more business and group travel has been taking place. February occupancy and average daily rates were the strongest ...
Fall and the start of the holiday season has already started to bring gifts to the U.S. hotel industry as September revenues and profits were the strongest they’ve been since June.
U.S. hotel industry profitability quickly recovered in February after a slowdown at the start of the year partially due to reduced travel amid concerns about the spread of the omicron variant of ...
Hotel demand in the U.S. top 25 markets has been on a slow and steady recovery, mostly held back due to a lack of group and business travel. But as hotel revenue per available room has recovered to ...
Balance sheet data for U.S. hotels for August showed no major improvements in profitability, compared to July, according to an analysis by CoStar's hotel research and analytics company STR.
BROOMFIELD, Colorado—Data from STR’s Monthly P&L Program continues to show incremental improvement for the U.S. hotel industry. However, rooms expenses are starting to grow as new cleaning standards ...
BROOMFIELD, Colorado—A rush of visitors was anticipated as the much-anticipated Star Wars: Galaxy’s Edge theme park at Disneyland Resort debuted in Anaheim, California, but a look at hotel ...
BROOMFIELD, Colorado—The 2019 HOST Almanac, released by STR, parent company of HNN, shows that while U.S. hotel industry profitability continues to slow, growth in rate helped boost total revenues ...
REPORT FROM THE U.S.—The 2018 HOST Almanac, recently released by STR, parent company of HNN, summarizes our findings of national profitability for the entire United States, including same-store data ...
BROOMFIELD, Colorado—Based on Hotel News Now parent company STR’s 2016 HOST and Trend data, the total property tax expense for U.S. hotels exceeds a potential $8.1 billion.
BROOMFIELD, Colorado—During what is typically peak tourism season, hotels in California’s wine country have taken big hits because of the devastation of wildfires, many of which are only now ...