U.S. hotel profitability reaches two-year high in March

U.S. hotel gross operating profit per available room reached its highest level since November 2019, according to STR's March 2022 profit and loss data release. EBITDA PAR was the industry’s highest since November 2019, while TrevPAR and LPAR were the highest since March 2020.

• GOPPAR: $83.81.
• Total revenue per available room: $204.84.
• Earnings before interest, income tax, depreciation and amortization per available room: $62.68.
• Labor costs per available room: $61.45

STR: U.S. hotel results for week ending 30 April

U.S. hotel occupancy improved from the previous week, while average daily rate (ADR) decreased slightly, according to STR‘s latest data through 30 April.

24-30 April 2022 (percentage change from comparable week in 2019):

• Occupancy: 66.6% (-3.4%)
• Average daily rate (ADR): US$146.67 (+10.2%)
• Revenue per available room (RevPAR): US$97.72 (+6.4%)