According to STR Global’s Annual Profitability Data for 2013-which covers 50 countries outside North America-the Middle East and Africa region achieved the strongest growth (+5.4 percent) in gross operating profit per available room (GOPPAR), when measured in U.S. dollars, while Asia Pacific reported a slight decline (-0.5 percent).
Europe reported declines in total revenue per available room (TrevPAR) by 0.6 percent. However, GOPPAR grew by 1.4 percent in 2013 due to lower departmental and undistributed operating expenses compared to 2012.
The Annual Profitability Data for 2013 comprises P&L performance for more than 8,000 hotels globally, providing a strategic source of information to help industry stakeholders understand profitability market dynamics on a city, country, and regional level.
Each report consists of 47 different line items allowing detailed analysis on revenues, as well as expenses breakdown such as food cost and payroll by department in terms of ratio to sales, per available room, and per occupied room.
