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Hotstats: U.S. hotels see GOPPAR rise of 6.1 percent in November

RevPAR increased of 1.7 percent to $162.67

AFTER A NEGATIVE profit turn in October, U.S hotels saw robust growth with a GOPPAR increase of 6.1 percent in November over last year, according to HotStats. It was the second-highest increase of 2019 while the year-to-date profit was almost flat with just a 0.3 percent increase.

A 1 percent increase in ADR leads to a RevPAR increase of 1.7 percent to $162.67 while TRevPAR was up 3.2 percent to $260.28, according to HotStats. The food and beverage front particularly saw strong revenues with a RevPAR increase of 4.1 percent.


“After an October dip, it’s good to see the U.S. hotel industry back up on the revenue and profit side, in what has been a rather choppy year,” said David Eisen, Director of Hotel Intelligence, Americas, HotStats. “Despite a strong November, the U.S. is set for slightly above to flat growth for the year.”

Los Angeles witnessed one of its best months of 2019, with a 7.3 increase in RevPAR and a 4.6 percent increase in TRevPAR.

However, New York City saw another low month of year-over-year comparisons with an 8.7 drop in RevPAR and a 1.6 percent drop in occupancy.

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Hospitality Leaders Call For End to U.S. Government Shutdown
Photo by Win McNamee/Getty Images

Hospitality leaders call for end to shutdown

Summary:

  • Hospitality leaders urged a vote on the Senate-passed bill to end the government shutdown.
  • The hotel industry has lost an estimated $1.2 billion in economic activity.
  • The House is set to vote this evening on the Senate-backed bill, according to CNN.

LEADERS FROM THE American Hotel & Lodging Association, Airlines for America, U.S. Travel Association and the National Restaurant Association urged the House of Representatives to vote on the Senate-passed agreement to end the government shutdown. Meanwhile, senators approved a funding package to reopen the federal government and sent the deal to the House.

The House is set to vote this evening on the Senate-backed bill, according to CNN. Speaker Mike Johnson must secure support from his narrow GOP majority but told reporters he is “optimistic.”

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