The AAHOA Broadcast

STR: U.S. Hotel Profitability Reaches a 28-Month High in March

| May 03, 2022

U.S. hotel gross operating profit per available room 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. 

  • GOPPAR: US$83.81

  • TRevPAR: US$204.84

  • EBITDA PAR: US$62.68

  • LPAR (Labor Costs): US$61.45

EBITDA PAR was the industry’s highest since November 2019, while TrevPAR and LPAR were the highest since March 2020.

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