US hotel gross operating profit per available room (GOPPAR) exceeded the pre-pandemic comparable level for a second consecutive month, according to STR’s April 2022 profit and loss data report. The GOPPAR, TRevPAR (total revenue per available room) and EBITDA PAR (earnings before interest, taxes, depreciation and amortization per available room) were the highest for the country since November 2019.  According to STR, GOPPAR for April was $90.96, TRevPAR was $218.40 and EBITDA PAR was $68.37. Raquel Ortiz, director of financial performance for STR, said that as the top-line metrics continue to progress toward full recovery, it is no surprise that the bottom-line metrics are coming in better than in pre-pandemic times. She said food and beverage profits were up slightly from April 2019, mostly due to lower group demand lowering the spending on that segment as well as the influences of inflation. Labor costs, on the other hand, said Ortiz, remain slightly under the 2019 comparable due to lower employment levels and fewer available amenities.  Miami continues to lead in both GOPPAR and TRevPAR recovery, hitting 178% of 2019 GOPPAR in April. On the other hand, San Francisco and Minneapolis remain near the bottom in both metrics. The GOPPAR level for STR’s Top 25 Markets combined was the highest of the pandemic and only $12 less than in April 2019.