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Tag: hotel profits

COVID-19 has grim profit impact on global hotel markets

Chief Assignment Editor Chief Assignment Editor- March 25, 2020 16:35

The extent to which the coronavirus has impacted the global hotel industry is now coming into focus. Beyond the virulence of the virus, this much is sure: property budgets are ... Read More

Profit streak continues at Middle East & North Africa hotels

Chief Assignment Editor Chief Assignment Editor- December 2, 2019 15:34

For the second consecutive month, hotels in the Middle East & North Africa recorded a year-over-year rise in profit, a positive sign for a region where GOPPAR declines had previously ... Read More