The chef with no name 24 January 2020 How James Cochran lost the rights to his own name, and his triumphant comeback with Islington restaurant 12:51
In this week's issue... The chef with no name How James Cochran lost the rights to his own name, and his triumphant comeback with Islington restaurant 12:51
Read More
Search

TRI HotStats: monthly European hotel figures – Industry data

17 July 2008 by
TRI HotStats: monthly European hotel figures – Industry data

Amsterdam's hotels were the most profitable in April 2008 of the 10 European cities listed in the monthly Europe HotStats survey from TRI Hospitality.

The Dutch capital achieved an income before fixed charges per available room (IBFCpar) of €105.97. Although occupancy dropped by 3.1%, its hotels remained the third most full in the survey (after Paris and London) and the average room rate was bettered only by Parisian hotels.

London hotels were the second most profitable, with Paris in third place. Although the French capital achieved the highest occupancy, room rate and revenue per available room in the survey, its profitability was undercut by its payroll costs, which were surpassed only by Viennese hotels.

London, on the other hand, had the lowest wage costs as a percentage of turnover except for Warswaw.

Six of the surveyed countries boosted IBFCpar by more than 20%, headed by Hamburg (up 48.7%), Vienna (up 43.8%), Berlin (up 38.7%) and Warsaw (up 34.8%).

A 20.2% fall in room rate slashed profitability in Munich hotels by 11.5% while falls in both occupancy and room rate cut IBFCpar in Prague buy 25.2%.

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 >>

APRIL 2008

Amsterdam 2008 2007 Movement
Occupancy 82.9% 86% -3.1 points
Room rate €190.88 €177.68 +7.4%
Revpar €158.26 €152.75 +3.6%
Payroll % 26.6% 27.1% -0.5 points
IBFCpar €105.97 €96.10 +10.3%
Berlin 2008 2007 Movement
Occupancy 68.4% 72% -3.6 points
Room rate €149.16 €127.83 +16.7%
Revpar €102.04 €92.02 +10.9%
Payroll % 32.1% 33.7% -1.6 points
IBFCpar €60.21 €43.41 +38.7%
Budapest 2008 2007 Movement
Occupancy 75.6% 77.3% -1.7 points
Room rate €109.77 €104.43 +5.1%
Revpar €82.95 €80.75 +2.7%
Payroll % 27.9% 29.9% -2 points
IBFCpar €53.10 €45.17 +17.6%
Hamburg 2008 2007 Movement
Occupancy 75.8% 70% +5.8 points
Room rate €118.41 €113.73 +4.1%
Revpar €89.72 €79.64 +12.7%
Payroll % 28.2% 31.7% -3.5 points
IBFCpar €57.05 €38.37 +48.7%
London 2008 2007 Movement
Occupancy 83.6% 82.1% +1.5points
Room rate €180.13 €161.30 +11.7%
Revpar €150.55 €132.39 +13.7%
Payroll % 25.5% 27.6% -2.1 points
IBFCpar €103.91 €84.14 +23.5%
Munich 2008 2007 Movement
Occupancy 74.9% 74.2% +0.7 points
Room rate €126.37 €158.29 -20.2%
Revpar €94.60 €117.46 -19.5%
Payroll % 28.4% 25.6% +2.8 points
IBFCpar €58.19 €65.78 -11.5%
Paris 2008 2007 Movement
Occupancy 85% 81.4% +3.7 points
Room rate €214.21 €194.90 +9.9%
Revpar €182.14 €158.59 +14.8%
Payroll % 37.7% 40.8% -3 points
IBFCpar €96.28 €75.15 +28.1%
Prague 2008 2007 Movement
Occupancy 67.7% 74.7% -7 points
Room rate €131.31 €137.66 -4.6%
Revpar €88.86 €102.83 -13.6%
Payroll % 26.6% 21.9% +4.7 points
IBFCpar €57.99 €77.48 -25.2%
Vienna 2008 2007 Movement
Occupancy 71.7% 77.5% -5.8 points
Room rate €155.43 €133.29 +16.6%
Revpar €111.47 €103.33 +7.9%
Payroll % 39.3% 44.6% -5.3 points
IBFCpar €55.96 €38.92 +43.8%
Warsaw 2008 2007 Movement
Occupancy 75.6% 67.6% +8 points
Room rate €112.88 €107.31 +5.2%
Revpar €85.33 €72.51 +17.7%
Payroll % 23.4% 25.6% -2.2 points
IBFCpar €67.72 €50.23 +34.8%

View the figures for March 2008 here >> View the figures for February 2008 >>
View the figures for January 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

Thank you

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