Latest NewsSeptember 2018 10:00 AM

July 2018: Robust Rate Growth Drives Punchy Profit Increase for Hotels in Europe

Latest NewsAugust 2018 9:55 AM

July 2018: Summer Slump at Hotels in the Middle East & Africa a Drag on Profits

Latest NewsAugust 2018 9:47 AM

July 2018: TRevPAR Hits a High at Hotels in the UK

Latest NewsAugust 2018 1:14 PM

July 2018: RevPAR Rises But Profit Falls at Hotels in the USA

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European

July 2018: Robust Rate Growth Drives Punchy Profit Increase for Hotels in Europe

Hotels in Europe recorded a 16.9% year-on-year increase in profit per room in July primarily fuelled by a 11.3% increase in achieved average room rate, according to the latest worldwide poll of full-service hotels from HotStats. Profit per room at hotels in Europe soared once again as the World Cup continued in Russia and strong demand from the leisure segment helped fuel increases in top-line performance across the region. Whilst GOPPAR levels in July were off the high recorded in June, they remained well ahead of the year-to-date figure at €62.47 per available room, and represented a second consecutive month of outstanding profit growth for hotels in the…

Recent Articles

MENA
July 2018: Summer Slump at Hotels in the Middle East & Africa a Drag on Profits Post Item

July 2018: Summer Slump at Hotels in the Middle East & Africa a Drag on Profits

GOPPAR at hotels in the Middle East & Africa dropped to a new low of…

310
3 weeks ago
UK Chain Hotels
July 2018: TRevPAR Hits a High at Hotels in the UK Post Item

July 2018: TRevPAR Hits a High at Hotels in the UK

A 5.6% year-on-year increase helped hotels in the UK hit a historic TRevPAR high this…

546
4 weeks ago
Americas
July 2018: RevPAR Rises But Profit Falls at Hotels in the USA Post Item

July 2018: RevPAR Rises But Profit Falls at Hotels in the USA

Top-line growth continues for U.S. hotels, but flow through isn’t keeping up, according to the…

79
4 weeks ago
MENA
June 2018: RevPAR Up But Profit Down at Hotels in the Middle East & Africa Post Item

June 2018: RevPAR Up But Profit Down at Hotels in the Middle East & Africa

Falling Non-Rooms Revenues, as well as rising costs, contributed to the -2.3% decline in GOPPAR…

365
2 months ago