What Are the Best KPIs for Measuring Hotel Profitability?

As COVID-19 continues its charge unabated, it’s natural for hoteliers to feel like they’re on loose financial footing. And as room revenue becomes less predictable, many hoteliers are seeing their revenue-only strategies give way beneath them. Want to build your plans around a more solid hotel performance indicator? Look no further than benchmarking hotel profitability.

U.S. Airline August 2020 Passengers Decreased 70% from August 2019 but Rose 2% from July 2020

U.S. airlines carried 70% fewer scheduled service passengers in August 2020 than in August 2019, according to data filed with the Bureau of Transportation Statistics (BTS) by 21 airlines that carry more than 90% of the passengers. Despite the large annual drop from pre-pandemic numbers a year earlier, when compared to the previous month U.S. airlines carried 2% more passengers in August 2020 than in July 2020.