STR: U.S. hotel profitability worsened in November
U.S. hotel profitability fell back to levels seen during earlier months of the pandemic, and year-over-year declines worsened from the previous month, according to STR ‘s November monthly P&L data release. In a year-over-year comparison with November 2019, the industry reported the following: GOPPAR: -97.5% to US$2.13 TRevPAR: -73.5% to US$60.92 EBITDA PAR: -120.2% to […]
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