London hotels achieved the highest revenue per available room in February 2007 of the 10 European cities listed in the monthly Europe HotStats survey.
Revpar in London hotels grew by 13.7% to €154.93, ahead of both Moscow’s €207.50 and the €2.48 achieved in Paris.
The biggest increase was made in Amsterdam, where hotels boosted revpar by 16.6% to €116.34.
London also headed the occupancy league with an achieved level of 79.6%, followed by Amsterdam’s 78.9%.
However, the highest average room rate was found in Moscow, where hotels charged an average €207.50.
London and Paris were not far behind Moscow, with average room rates of €194.61 and €182.08 respectively.
Revpar declined in both Prague and Vienna and Prague (which was the only city to see a downturn in average room rate).
The figures are compiled each month by Tri Hospitality Consulting.
FEBRUARY 2007
* The figures for Payroll% and income before fixed costs per available room (IBFCpar) are for the year to date, not just the featured month
| AMSTERDAM | 2007 | 2006 | Movement | | Occupancy | 78.9% | 72.8% | +6.1 points | | Room rate | €147.49 | €137.12 | +7.6% | | Revpar | €116.34 | €99.77 | +16.6% | | BERLIN | 2007 | 2006 | Movement | | Occupancy | 61.5% | 62.4% | -0.9 points | | Room rate | €144.57 | €126.16 | +14.6% | | Revpar | €88.94 | €78.77 | +12.9% | |
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| BUDAPEST | 2007 | 2006 | Movement | | Occupancy | 55.2% | 50.3% | +4.9 points | | Room rate | €88.88 | €88.70 | +0.2% | | Revpar | €49.05 | €44.59 | +10% | |
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| HAMBURG | 2007 | 2006 | Movement | | Occupancy | 66.3% | 65.8% | +0.5 points | | Room rate | €101.12 | €100.38 | +0.7% | | Revpar | €67.05 | €66.05 | +1.5% | |
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| LONDON | 2007 | 2006 | Movement | | Occupancy | 79.6% | 79.3% | +0.3 points | | Room rate | €194.61 | €171.87 | +13.2% | | Revpar | €154.93 | €136.24 | +13.7% | |
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| MOSCOW | 2007 | 2006 | Movement | | Occupancy | 62.7% | 63.8% | -1 point | | Room rate | €207.50 | €170.63 | +21.6% | | Revpar | €130.15 | €108.80 | +19.6% | |
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| MUNICH | 2007 | 2006 | Movement | | Occupancy | 71.3% | 68.6% | +2.6 points | | Room rate | €108.76 | €103.23 | +5.4% | | Revpar | €77.51 | €70.83 | +9.4% | |
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| PARIS | 2007 | 2006 | Movement | | Occupancy | 72.8% | 68.9% | +3.8points | | Room rate | €182.08 | €168.94 | +7.8% | | Revpar | €132.48 | €116.41 | +13.8% | | PRAGUE | 2007 | 2006 | Movement | | Occupancy | 56.8% | 60.5% | -3.7 points | | Room rate | €98.42 | €100.83 | -2.4% | | Revpar | €55.94 | €61.00 | -8.3% | | VIENNA | 2007 | 2006 | Movement | | Occupancy | 52% | 56% | -4 points | | Room rate | €137.84 | €133.58 | +3.2% | | Revpar | €71.65 | €74.80 | -4.2% |
View the figures for January 2007 here >>
View the figures for December 2006 here >>
View the figures for December 2005 here >>
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
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