|
|
U.S. room demand declined week over week for the first time since mid-April. Reflective of school openings and less vacation travel, the industry sold 492,000 fewer room nights than the previous week, which represented a decrease of 2.7%. STR projects similar challenges with no corporate demand to replace leisure demand lost to the beginning of the school year.
|
|
|
|
In July, U.S. hotel gross operating profit per available room (GOPPAR) reached positive territory for the first time since February. The industry had registered negative GOPPAR values for four consecutive months: March (US$-2.10), April (US-$17.98), May (US$-10.26) and June (US$-5.89). Additionally, full-service hotels joined limited-service with a positive monthly GOPPAR value.
|
|
For week ending August 22:
|
Data last updated August 24:
|
|
|
|
|
