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 full-service hotels in Canada.
Gross-Operating-Profit Margin Shifts Back to Pre-Pandemic Levels For Full-Service Hotels in Canada
Higher Labour and Undistributed Expenses Erode Margins Achieved Last Year
CoStar Analytics
October 31, 2023 | 7:38 P.M.
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