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• Analysis: At What Occupancy Rate Can a Hotel Break-Even?

  to be lower for more complex operations, in dollar terms, their GOPPAR is higher and, therefore, don't need as much occupancy to cover their costs. Conversely, select-service hotels, extended-stay hotels and economy hotels need higher occupancy rates to achieve a break-even position. This is because... GOPPAR COVID-19 Global... With numerous hotels closed, hoteliers are left to ask: At what occupancy level can I run my hotel and not lose money...

• 4 Reasons GOPPAR Should Be on Your List of KPIs

  GOPPAR is a key KPI for anyone who wants to create a successful benchmarking strategy. In this article, we highlight why it’s an essential hotel metric.... (GOPPAR) on for size. Sure, the top line matters—you can’t turn a profit without revenue—but the bottom line is a true measurement of all hotel revenue and expense. That’s where GOPPAR becomes the gold standard of hotel KPIs. This rock-solid metric is the secret to revealing opportunities...

• The Raptors Won the NBA Title, But What City Won the GOPPAR Crown?

  The 2019 NBA finals were split evenly between both Torono and San Francisco. Learn how each city’s hotel industry fared in terms of goppar, revpar, and overall profitability.... rate did—decreasing 1% YOY to $329.20. The result was a 1% drop in RevPAR to $273.11. TRevPAR also dropped, down 0.8% YOY to $396.59, hampered by a 2.8% decline in F&B revenue on a per-available-room basis. The profit story was equally puzzling. GOPPAR was down 3.8% YOY, hindered by a 1.5% increase...

• Inverse RevPAR/GOPPAR Relationship Influences March UK Profit Slide

  Profit performance at UK hotels in the region went from bad to worse in March, as GOPPAR fell for a third consecutive month.... Beware the Ides of March? Maybe Shakespeare had UK’s hospitality industry in mind when he wrote the portentous line. That’s because profit performance at hotels in the region went from bad to worse in March, as GOPPAR fell for a third consecutive month, despite another successful year-on-year... increase in RevPAR. It suggests a further widening of these two measures, according to the latest data tracking full-service hotels from HotStats. Profit per room at hotels in the UK fell by 0.7 percent in March to £46.98, contributing to the 1.2-percent YOY decline in GOPPAR for Q1 2019 to £36.85...

• Hotel 101: What Is GOPPAR and Why Does It Matter?

  GOPPAR bridges the gap between what your hotel really makes and how much money you’re putting into operations. We discuss what GOPPAR is and why it’s important for your hotel operational strategy.... for a hotel’s financial health. Instead of relying solely on revenue, it makes much more sense to focus on metrics that illustrate a hotel’s complete picture—its operational profit. Enter the hotel metric stethoscope: gross operating profit per available room (GOPPAR). For hotels, this benchmarking metric...

• April Occupancy Surge Can’t Stop MENA GOPPAR Drop

  by 2.9 percent in the month to $92.95. Despite the decline, this was a high for 2019 and 9.1 percent above the year-to-date GOPPAR figure at $85.19. While occupancy was up, average room rate was down 4.1 percent YOY to $169.65. The combination equated into a 1.0-percent YOY drop in RevPAR to $132.70... percent YOY to $57.98, on a per-available-room basis. This is equivalent to 25.6 percent of total revenue. Profit & Loss Key Performance Indicators – Middle East & North Africa (in USD) KPI April 2019 v. April 2018 RevPAR -1.0% to $132.70 TRevPAR -0.9% to $226.40 Payroll +1.6% to $57.98 GOPPAR -2.9...

• Profit Slide Continues for MENA Hotels

  With waning revenues and rising costs, GOPPAR in the MENA region has slid by almost 40 percent over the last 36 months, according to HotStats data.... Waning revenues and rising costs have conspired to hobble profit per room at hotels in the Middle East & North Africa, as GOPPAR in the region has slid by almost 40 percent over the last 36 months, according to the latest data tracking full-service hotels from HotStats. Bucking the month-to-month...

• End of Summer Coincides with Profit Hit at UK Hotels

  Profit per room at hotels in the UK fell in September, as a summer marked by GOPPAR growth came to a halt.... Profit per room at hotels in the UK fell by 4 percent in September, as a summer marked by GOPPAR growth came to a halt and demand levels shifted toward a more business-led mix, according to the latest data tracking full-service hotels from HotStats. The drop in profit was primarily due to a 1.3... (down 0.9 percent) departments, on a per-available-room basis. Overall, despite the year-on-year decline in GOPPAR, profit conversion at hotels in the UK in September remained relatively strong at 42.8 percent of total revenue. Profit & Loss Key Performance Indicators – Total UK (in GBP) September...

• U.S. Profit Growth Accelerates at Fastest Pace Since Summer 2018

  Profit growth hit a crescendo in the U.S. in February, as hotels recorded a 7.2-percent year-over-year increase in GOPPAR.... Profit growth hit a crescendo in the U.S. in February, as hotels recorded a 7.2-percent year-over-year increase in GOPPAR, according to the latest data tracking full-service hotels from HotStats. The increase was the largest YOY jump since June 2018, when GOPPAR rose 8.5 percent. RevPAR...

• Profit Decline Fails to Erase Annual Gains in Europe

  Hotels in Europe suffered a 2.7-percent Y.O.Y. decline in profit in December, yet still, annual GOPPAR rose 9.2 percent, marking a second year of gains.... Hotels in Europe suffered a 2.7-percent year-on-year decline in profit per room in December, yet still, annual GOPPAR rose 9.2 percent, marking a second consecutive year of large gains, according to the latest data tracking full-service hotels from HotStats. December was only the second month...