Upper-Upscale Hotels in Top 25 US Markets Drive Profitability
Demand From Group Travelers on the Rise
U.S. hotel industry profitability trends in 2023 provide a yardstick for predicting revenue metrics this year.
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
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...
US Hotel Profitability Takes a Hit Due to Lower Occupancies
Five Takeaways From the Latest Profit-and-Loss Data
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.
US Hotel Profitability Strongest Since October 2022
Rising Food-and-Beverage Revenues Drive Much of the Improvement
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 wer...
US Hotel Industry Revenues, Profits Surge in September
Estimated Total Revenues Surpass 2019 Levels
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....
US Hotel Profitability Metrics Take Big Strides in Third Quarter
San Francisco, San Diego Hotels Build on Revenue Gains
The end of summer not only brought less daylight and colder temperatures, but also lower revenues and profits.
US Hotels Reach 65% of Pre-Pandemic Profitability Levels
Miami Leads All Hotel Markets in Profitability
Hotels have had a very strong summer thus far, with transient demand strong and business demand starting to pick up.
US Hotel Profitability Recovers to 77% of 2019 Levels
Four Top 25 Markets Beat Pre-Pandemic Profit Margins in February
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 omic...
Tracking the Recovery of Hotel Profitability in US Top 25 Markets
As Demand Climbs, Hotel Profit Margins Slowly Expand As Well
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...
Doing More With Less: Four Hotel Profitability Takeaways from 2021
Hoteliers Realize Strong Profit Margins, but Profit Levels Overall Down
STR’s monthly profit-and-loss program has allowed us to track global hotel profitability trends through the pandemic.
Incremental Improvements in Hotel Profitability Slow
But New Analysis Shows Some Positive Trends
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 com...
US Hotel Profits at Best Level Since Start of Pandemic
The latest P&L data from STR shows that U.S. hotel profitability picked up in July as more segments started to record positive performance.
BROOMFIELD, Colorado—The middle of summer brought better hotel performance data than STR has recorded since the COVID-19 pandemic started in the U.S.
As Summer Heated Up, so Did US Hotel Profitability
Gross operating profit per available room improved for the first time since April at U.S. hotels, as the economy segment continues to lead all others in profitability.
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 ...
Galaxy’s Edge Debut in Anaheim Lifts ADR, Not Demand
This data analysis looks at hotel performance surrounding the opening of Galaxy’s Edge at Disneyland theme park.
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 ...
Miscellaneous, Ancillary Revenue Reign Over 2018 P&L
Research from STR’s HOST Almanac reveals the winners and losers in terms of total profitability for the U.S. hotel industry in 2018.
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 boos...
Biggest Booms, Busts in Hotel Profits From 2017
A close analysis of data from STR’s 2018 HOST Almanac reveals trends in hotel profitability in the U.S.
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, includi...
HOST P&L Data Gives Insight Into Property Tax Expense
The hotel industry paid an estimated $8.1 billion in property taxes in 2016, but some markets face more of the burden than others.
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.
Data Shows Relocation of NFL Teams Hits Hotel Markets
STR looked at hotel markets on both sides of an NFL team relocation to get a picture of how those moves affected hotel performance.
BROOMFIELD, Colorado—As another NFL season draws to an end, the analysis of the season begins.
Wildfires Upset Hotel Performance During Peak Season
STR takes a deeper look at the effects the California wildfires are having on hotel performance in the counties dealing with the fires.
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 ar...
NFL Impact: Game-by-game Analysis
Research shows the impact of NFL games on hotel demand depends on the host city, the impact of the games on standings and the time of the season.
Editor’s note: This is part three in an ongoing series looking at the impact of NFL games on hotel performance in the U.S.