Latest NewsApril 2018 9:30 AM

February 2018: Hotels in Europe Maintain Strong Profit Growth

Latest NewsApril 2018 12:00 PM

February 2018: Plummeting Rate Hits Profit at Hotels in the Middle East & Africa

Latest NewsMarch 2018 10:55 AM

February 2018: Profit Slide Continues at UK Hotels

Latest NewsMarch 2018 11:45 AM

February 2018: Profit Growth Returns for Hotels in the USA

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European

February 2018: Hotels in Europe Maintain Strong Profit Growth

Hotels in Europe maintained their strong start to the year by recording an 8.3% year-on-year increase in profit per room in February as growth was recorded across all revenue departments and was supported by cost savings, according to the latest worldwide poll of full-service hotels from HotStats. GOPPAR at hotels in Europe surged to €31.30 this month, which represented a tenth consecutive month of profit growth for hotels in the region, signalling a truly positive period of trading for properties in the region. The growth this month contributed to hotels in Europe recording a profit per room of €59.17 in the rolling 12 months to February 2018, which…

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