Can I read Full-Service Hotel Performance Summary (2017) on EtoBox?

Full-Service Hotel Performance Summary (2017) by Jhayzel Delposo is a document available to read on EtoBox.

What is Full-Service Hotel Performance Summary (2017) about?

In 2017, full-service hotels experienced a 1.5% increase in total operating revenue, driven by a slight rise in occupancy and a 1.6% increase in Average Daily Rate (ADR). Profitability improved with a 1.4% rise in Gross Operating Profit, despite labor costs rising to account for 51% of operating expenses. Regional performance varied, with the South Atlantic states showing strong GOP growth while New England/Mid-Atlantic and North Central regions faced declines.

Author

Jhayzel Delposo

Language

EN