Duetto and HotStats Report Shows Gap Between Growth and Profit Conversion
SAN FRANCISCO, California—Duetto and HotStats released a joint performance analysis, which found a widening gap between top-line growth and bottom-line reality. HotStats’ latest aggregated data showed that global RevPAR has grown 19 percent since 2019; however, the cost of acquiring those bookings (Booking Costs PAR) has surged by 25 percent. This disparity, combined with high cost inflation, in particular in labor cost, has severely impacted flow-through, with data showing the Americas had an average flow-through of just 18 percent, while […]
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