Service with a smile 21 February 2020 Tom Kemble of the Pass at South Lodge cooks up a pumpkin masterclass and shares why it’s important for chefs to meet their customers
In this week's issue...Service with a smile Tom Kemble of the Pass at South Lodge cooks up a pumpkin masterclass and shares why it’s important for chefs to meet their customers
Read More
Search
The Caterer

London remains most profitable city to run hotels in

01 February 2006
London remains most profitable city to run hotels in

London remains the most profitable city to run hotels within Europe, according to TRI Hospitality Consulting's latest Europe HotStats survey.

The capital's income before fixed charges per available room (IBFC PAR) of €84.29 (£57.38) in 2005, placed it 25% higher than its nearest rival Paris.

However, Paris did see the highest increase in profit at 22% year-on-year with IBFC PAR of €67.33 (£45.83), although the previous year had been weak for the French capital.

Managing director of TRI Hospitality Consulting, Jonathan Langston, said: "London is the city in Europe every hotelier wants to be in."

Dublin saw the largest fall in profit with a decline of 25.8% resulting in IBFC PAR for the full-year of €35.07 (£23.87).

The strongest performance during 2005 in terms of revenue per available room (revpar) was again Paris with €152.47 (£103.78).

By revpar, London was placed third in 2005, below Milan with €127.40 (£86.72), but Langston said higher business costs in Paris meant London and Milan remained more profitable places to operate.

By Emily Manson

Get your copy of Caterer and Hotelkeeper every week -

Sudoku Join the craze and play Sudoku online!
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!