In the U.S., which saw performance calve last March, before bottoming out in April, small gains continued to be made
The U.S. hotel industry was in need of a month like February. For Europe, it was another in a string
The annual “Profit Matters” global review charts hotel industry performance across revenue, expense and profit.
After the worst performing year on record, the hotel industry was ready for 2021, but resigned to the fact that
Last year ended on a high note for hotels in the Middle East with December gross operating performance per available
Occupancy was down 4 percentage points over October to 24.2% and coupled with an average rate at $143.74 produced RevPAR
In November, the U.S. and Europe slipped back into negative profit territory, while the Middle East and Asia-Pacific continued to
U.S. hotel profitability was aided by an ongoing though marginal rise in both occupancy and average rate, which led to
September and into October are typically strong months for U.S. hotels, but the data show that YOY comparison is becoming
The global hospitality industry will be tested in the months to come, as the summer months give way to the