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STR: GOPPAR reached 28-month high in March - 0 views

www.asianhospitality.com/reached-28-month-high-in-march

GOPPAR Asian-Hospitality STR-report U.S-hotel-occupancy STR-forecast-2022 baird_str-hotel-stock-index

shared by asianhospitality on 03 May 22 - No Cached
  • asianhospitality on 03 May 22
     
    PROFITS FOR U.S. hotels reached a 28-month high in March, according to STR. Spring break travel and higher rates are pushing performance up on all levels. GOPPAR was $83.81 for the month, the highest level for the metric since November 2019. It was less than $10 shy of reaching the pre-pandemic comparable from March 2019. In February GOPPAR stood at $58.88. EBITDA PAR was $62.68, TRevPAR was $204.84 and labor costs per room were $61.45. For the latter two it was their highest mark since March 2020.
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