STR: March 2022 GOPPAR Reaches Highest Level Since November 2019
HENDERSONVILLE, Tennessee—U.S. hotel gross operating profit per available room (GOPPAR) reached its highest level since November 2019, according to STR‘s March 2022 P&L data release. The GOPPAR level was less than $10 shy of reaching the pre-pandemic comparable from March 2019. U.S. Hotel Performance GOPPAR: $83.81 TRevPAR: $204.84 EBITDA PAR: $62.68 LPAR (Labor Costs): $61.45 EBITDA PAR (earnings before interest, taxes, depreciation, and amortization per available room) was the industry’s highest since November 2019, while […]
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This Week’s Comings & Goings
Under Canvas announced the appointment of Noah Brodsky as chief executive officer. Brodsky succeeds
My Place Hotels and The Rivett Organization Appoint Brian Quinn as Chief Development Officer
ABERDEEN, South Dakota—The Rivett Organization announced that Brian Quinn has joined as chief
Duetto Announces Appointment of Michael Schäffner as Chief Sales Officer
SAN FRANCISCO, California—Duetto announced the appointment of Michael Schäffner as chief sales of
