Improvements in US hotel profitability metrics slowed in August, according to STR‘s latest monthly P&L data release. In a year-over-year comparison with August 2019, the industry reported the following: gross operating profit per available room (GOPPAR): -91.3% to $6.90; total revenue per available room (TRevPAR): -74.5% to $55.72; earnings before interest, taxes, depreciation, and amortization (ebitda) per available room: -112.1% to $6.96; and labor costs per available room (LPAR)): -64.4% to $27.19. Raquel Ortiz, STR’s assistant director of financial performance, said that overall profitability remained in positive territory for a second straight month, but the incremental improvement that has been seen over the previous two months slowed.  Even though August produced the industry’s lowest year-over-year demand decline since March, revenue was stagnant. TRevPAR for full-service hotel was only 25% of what it was in August 2019, said Ortiz, while limited service properties came in at 38% of last year’s value.