The global hospitality industry is “coming off life support and moving to intensive care,” according to a report from HotStats, a hospitality industry data company. As of May, on a month-over-month basis, performance is either stabilizing or picking up. In the US, between April and May, total revenue per available room (TRevPAR) was up 39% (down 92% year-over-year) and gross operating profit per available room (GOPPAR) was up 32% (down 116% year-over-year). Unless a surge in cases stalls the recovery, said the report, the expectation is that month-over-month numbers will continue to improve, especially as more states move into Phase Two, which allows for non-essential travel to begin. Further and expected year-over-year expense drops showed up in the data, as many hotels remained closed or operated at limited capacity. Labor costs on a per-available-room basis were down 74.4% year-over-year, while utility costs were down 45%. Anecdotally, the expectation is that water bills will rise due to increased laundry operations and additional and more frequent washing of things like linens due to cleaning protocols.