![]() ![]() “That nearly double-digit increase supports the group demand has risen by an average of 3.1% year over year since Laborĭay. ![]() ![]() Weekdays, with the major markets leading the way, according to CoStar. Roughly 60% of hotel industry revenue growth in the past six weeks is from Overall, 13 of the Top 25 markets postedĭouble-digit growth in GOPPAR through September, led by New York City and Oahu. Profit levels in the major markets are further evidence ofīusiness travel and groups. To date per-available-room metrics show GOPPAR at $75.74 (+6.2% YOY) TRevPAR at hotel laborĬosts reflects a normalizing business mix and significant gains in group demand,Īccording to September year-to-date P&L data from CoStar. Breaking news on development, M&A, data and more. ![]()
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