TRI HotStats: monthly European hotel figures

08 June 2010 by
TRI HotStats: monthly European hotel figures

Hotels in Barcelona boosted profitability by 170% in March 2010 but were still among the lowest-performers of the 10 European countries surveyed in the monthly HotStats report from Tri Hospitality Consulting.

The opening of a new terminal at Barcelona Airport helped hotels in the city to increase both occupancy and average room rate. This combined with successful cost-cutting programmes to increase gross operating profit per available room (goppar) to €25.62.

However, this was still the third lowest goppar in the survey, after Prague and Budapest (which, along with Frankfurt, were the only cities to see profitability plummet during the month).

While occupancy grew across all markets except for Prague, just four cities were able to increase average room rate as well.

London retained its crown as the most profitable hotel market in the survey after achieving the highest occupancy, the third highest room rate (after Paris and Amsterdam) and the lowest payroll costs as a percentage of revenue.

Goppar in the UK capital increased by 7.8% to €94.53, well ahead of the €64.34 reported by nearest rival Amsterdam.

The figures are compiled each month by Tri Hospitality Consulting.

Annual HotStats hotel performance data

TRI Hotels 2007 UK >>

TRI HotStats: annual UK hotel figures >>

TRI HotStats: Hotels 2007 Europe >>

MARCH 2010

Occupancy73.8%64.1%+9.7 points
Room rate€160.12€157.25+1.8%
Payroll %33.2%35.2%-3.1 points
Occupancy58% 46.8% +11.2 points
Room rate€123.27 €117.41 +5%
Revpar€71.46€54.90 +30.2%
Payroll %36.9% 46.6% -9.8 points
Occupancy67% 63%+4 points
Room rate€122 €119.64 +2%
Revpar€81.68 €75.36 +8.4%
Payroll %29.5% 30.9% -1.4 points
Occupancy71.5% 66.1% +5.4 points
Room rate€128.44 €136.17 -5.7%
Revpar€91.79 €89.99 +2%
Payroll %31.1% 31.6% -0.4 points
Occupancy58.1% 54.4%+3.6 points
Room rate€80.33 €100.45 -20%
Revpar€46.64 €54.67 -14.7%
Payroll %34.1% 23.94% +3.1 points
Occupancy60.2% 58.7% +1.5 points
Room rate€116.07 €125.49 -7.5%
Revpar€69.84 €73.60 -5.1%
Payroll %31.1% 29.5% +1.6 points
Occupancy83.2% 80.5% +2.8 points
Room rate€157.97 €148.22 +6.6%
Revpar€131.48 €119.27 +10.2%
Payroll %23.3% 23.8% -0.6 points
Occupancy74.9% 67.6%+7.3 points
Room rate€169.10 €170.10 -0.6%
Revpar€126.72 €115.01 +10.2%
Payroll %39.2% 38.9% 0.4 points
Occupancy54.5% 55.8% -1.3 points
Room rate€79.55 €102.18 -22.1%
Revpar€43.36€56.99 -23.9%
Payroll %29.3% 24.7% +4.6 points
Occupancy72.5% 65.2% p+7.4 oints
Room rate€88.52 €97.28 -9%
Revpar€64.20 €63.38 +1.3%
Payroll %23.8% 24.8%-1 points

View the figures for February 2010 >>
View the figures for January 2010 >>

View the figures for December 2009 >>
View the figures for December 2008 >> View the figures for December 2007 >>
View the figures for December 2006 >> View the figures for December 2005 >>

Definition of terms

Occupancy is that proportion of the bedrooms available during the period which are occupied during the period.
Room rate is the total bedroom revenue for the period divided by the total bedrooms occupied during the period.
Revpar is the total bedroom revenue for the period divided by the total available rooms during the period
Payroll % is the payroll for all hotels in the sample as a percentage of total revenue
IBFCpar is the Income Before Fixed Charges shown per available room

The Caterer Breakfast Briefing Email

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

Sign Up and manage your preferences below

Check mark icon
Thank you

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

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking