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Payroll puts increasing pressure on profit performance at US hotels

Payroll puts increasing pressure on profit performance at US hotels

Hotels in the USA recorded a 1.2-percent increase in GOPPAR this month, but further potential growth was hindered by the 2.0-percentage point increase in Labor costs, according to the latest worldwide poll of full-service hotels from HotStats. Year-on-year growth in top line performance at hotels in the USA was steady this month, with a 0.6 […]

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