InstituteforTourism
Vol. 4 // Data & Frameworks

Hospitality
Without
Illusions.

We dismantle generic advice. Our research provides raw market figures, tested operational frameworks, and concrete financial calculators for serious hoteliers and tourism operators.

Key Indicators (Q3 2024)

  • Global ADR Recovery +14.2%
  • Labor Cost Index +8.7%
  • RevPAR (Urban Core) -$12.40
  • Direct Booking Share 31.4%
Source: STR Global / internal aggregate dataset. Updated 12 Oct 2024.

The
Margin
Collapse

Revenue is up. Margins are disappearing. The traditional hospitality model is under severe stress testing.

Between 2019 and 2024, the cost of acquiring a guest (CAC) through OTAs has risen by an average of 18%, while operational costs (specifically labor and utilities) have spiked by over 25%. Yet, industry publications continue to focus on "experiential design" and "AI personalization."

We focus on the math. Our research indicates that properties failing to optimize their GOPPAR (Gross Operating Profit Per Available Room) will become functionally insolvent within 36 months, regardless of top-line revenue growth.

42%
Of independent hotels report operating margins below 10%.
1.8x
The multiplier on cleaning costs since Q1 2020.
NO FLUFF. NO AI GENERATED CLICHÉS. JUST DATA.
NO FLUFF. NO AI GENERATED CLICHÉS. JUST DATA.
NO FLUFF. NO AI GENERATED CLICHÉS. JUST DATA.
NO FLUFF. NO AI GENERATED CLICHÉS. JUST DATA.

Built for the operators.

We don't sell software. We don't sell consulting. We provide the raw mathematics and analytical frameworks required to survive the current margin compression cycle.

Our Methodology

Latest Research

Regional Index Variance

North America
104.2
Q3 RevPAR Index
EMEA
98.5
Q3 RevPAR Index
APAC
112.0
Q3 RevPAR Index
LATAM
101.4
Q3 RevPAR Index

"The only independent research desk that acknowledges a hotel is a real estate asset with an operational business trapped inside."

Director of Asset Management, Institutional Capital

Frequently Asked Questions

How do you source your data?

We aggregate anonymized P&L data directly from independent property management systems. We do not rely on self-reported surveys or vendor-sponsored whitepapers.

Are the tools truly free?

Yes. The tools run entirely client-side in your browser. There is no database, no sign-up wall, and we do not collect your financial inputs.

Can I commission private research?

No. We publish all our baseline research openly. We do not accept private consulting engagements.

The Raw Data
Direct To Inbox.

No marketing fluff. Just our monthly aggregation of margin indexes and new tool releases.

Legal Disclaimer

The mathematical models and data provided on this site are for informational and benchmarking purposes only. They do not constitute certified financial or legal advice. Standard USALI (Uniform System of Accounts for the Lodging Industry) conventions apply unless otherwise stated.