The UEFA Euro 2008 football championships in June kicked Vienna towards the top of the profitability table of the 10 European cities listed in the monthly Europe HotStats survey.
The Austrian capital boosted income before fixed charges per available room (IBFCpar) by 80.5% to €128.82, second only to Paris’ €131.93.
“Vienna’s chain hoteliers played a winning tactical game in June, eschewing volume for revenue growth,” commented Joanathan Langston, managing director at TRI.
As a result, Viennese hotels boosted average room rate by 61.4% to a table-topping €270.16 but saw occupancy fall by 9.5 percenrage points to 72.4%, the lowest in the survey.
Vienna was one of just four cities in the survey to increase profitability year-on-year during June, alongside London, Munich, and Berlin.
Hamburg fell to the bottom of the profitability league thanks to a combination of recent openings and widespread discounting.
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 >>
JUNE 2008
| Amsterdam | 2008 | 2007 | Movement |
| Occupancy | 79.7% | 86.3% | -6.6 points |
| Room rate | €187.85 | €180.39 | +4.1% |
| Revpar | €149.76 | €155.76 | -3.9% |
| Payroll % | 28.3% | 27.1% | +1.2 points |
| IBFCpar | €92.23 | €99.43 | -7.2% |
| Berlin | 2008 | 2007 | Movement |
| Occupancy | 73.9% | 78.5% | -4.5 points |
| Room rate | €156.16 | €145.15 | +7.6% |
| Revpar | €115.46 | €113.87 | +1.4% |
| Payroll % | 30.2% | 28.7% | +1.4 points |
| IBFCpar | €71.17 | €69.35 | +2.6% |
| Budapest | 2008 | 2007 | Movement |
| Occupancy | 73% | 78.5% | -5.5 points |
| Room rate | €128.87 | €123.34 | +4.5% |
| Revpar | €94.08 | €96.80 | -2.8% |
| Payroll % | 27.3% | 28.3% | -1 point |
| IBFCpar | €53.08 | €54.66 | -2.9% |
| Hamburg | 2008 | 2007 | Movement |
| Occupancy | 74.5% | 75.9% | -1.5 points |
| Room rate | €110.17 | €115.52 | -4.6% |
| Revpar | €82.02 | €87.71 | -6.5% |
| Payroll % | 30.8% | 28.3% | +2.4 points |
| IBFCpar | €45.23 | €53.41 | -15.3% |
| London | 2008 | 2007 | Movement |
| Occupancy | 86.8% | 88.9% | -2.1 points |
| Room rate | €192.04 | €182.82 | +5% |
| Revpar | €166.75 | €162.54 | +2.6% |
| Payroll % | 22.5% | 22.5% | -0.1 points |
| IBFCpar | €123.61 | €119.69 | +3.3% |
| Munich | 2008 | 2007 | Movement |
| Occupancy | 80.1% | 78.9% | +1.2 points |
| Room rate | €128.22 | €121.78 | +5.3% |
| Revpar | €102.72 | €96.14 | +6.8% |
| Payroll % | 28.3% | 32.3% | -3.9 points |
| IBFCpar | €60.49 | €51.02 | +18.6% |
| Paris | 2008 | 2007 | Movement |
| Occupancy | 83.9% | 88.9% | -5 points |
| Room rate | €250.10 | €272.67 | -8.3% |
| Revpar | €209.86 | €242.48 | -13.5% |
| Payroll % | 32.8% | 30% | +2.8 points |
| IBFCpar | €131.93 | €160.58 | -17.8% |
| Prague | 2008 | 2007 | Movement |
| Occupancy | 74% | 72.9% | +1.2 points |
| Room rate | €142.30 | €173.10 | -17.8% |
| Revpar | €105.31 | €126.11 | -16.5% |
| Payroll % | 23.5% | 18.6% | +4.9 points |
| IBFCpar | €72.92 | €104.13 | -30% |
| Vienna | 2008 | 2007 | Movement |
| Occupancy | 72.4% | 81.9% | -9.5 points |
| Room rate | €270.16 | €167.39 | +61.4% |
| Revpar | €195.62 | €137.13 | +42.7% |
| Payroll % | 28.2% | 36.5% | -8.3 points |
| IBFCpar | €128.82 | €71.37 | +80.5% |
| Warsaw | 2008 | 2007 | Movement |
| Occupancy | 76% | 78.1% | -2.1 points |
| Room rate | €124.97 | €124 | +0.8% |
| Revpar | €94.98 | €96.88 | -2% |
| Payroll % | 21.4% | 23.7% | -2.3 points |
| IBFCpar | €72.69 | €72.81 | -0.2% |
View the figures for May 2008 here >>
View the figures for April 2008 here >>
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