Soccer cup finals boosted the profitability of hotels in Madrid and Hamburg during May 2010, according to the latest monthly survey of 10 European countries by Tri Hospitality Consulting.
The Champion Leagues Final allowed Madrid’s hotels to increase gross operating profit per available room (goppar) by 62.8%, the biggest improvement of the month, while goppar in Hamburg – which hosted the first-ever Europa Cup Final – grew by 33.4%.
Paris achieved the second-highest increase in goppar, which grew by 51.3%, but London’s 7.4% growth kept it at the top of the profitability league.
However, the UK capital was knocked into third place in terms of revenue per available room by premium-rated Rome and Paris,
While all countries surveyed except for Hamburg and London increased occupancy levels in May, average room rate declined in half of the surveyed cities – Budapest, Prague, Rome, Vienna and Warsaw.
The HotStats chain hotels survey is 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 >>
MAY 2010
| Amsterdam | 2010 | 2009 | Movement |
| Occupancy | 79.6% | 78.9% | +0.7 points |
| Room rate | €174.14 | €162.87 | +6.9% |
| Revpar | €138.59 | €128.43 | +7.9% |
| Payroll % | 30.2% | 29.2% | +0.9 points |
| Goppar | €81.69 | €74.81 | +9.2% |
| Budapest | 2010 | 2009 | Movement |
| Occupancy | 72.7% | 61% | +11.7 points |
| Room rate | €94.03 | €108.64 | -13.4% |
| Revpar | €68.36 | €66.3128.8 | +3.1% |
| Payroll % | 27.8% | 28.8% | -1 point |
| Goppar | €36.12 | €32.52 | +11.1% |
| Hamburg | 2010 | 2009 | Movement |
| Occupancy | 74.5% | 78% | -3.4 points |
| Room rate | €124.98 | €106.94 | +16.9% |
| Revpar | €93.15 | €83.36 | +11.7% |
| Payroll % | 28.6% | 32.6% | -4 points |
| Goppar | €52.25 | €39.16 | +33.4% |
| London | 2010 | 2009 | Movement |
| Occupancy | 85.5% | 85.7% | -0.2 points |
| Room rate | €164.74 | €152.86 | +7.8% |
| Revpar | €140.83 | €130.93 | +7.6% |
| Payroll % | 22.9% | 23.8% | -0.9 points |
| Goppar | €98.60 | €91.82 | +7.4% |
| Madrid | 2010 | 2009 | Movement |
| Occupancy | 77.5% | 67% | +10.6 points |
| Room rate | €145.44 | €128.59 | +13.1% |
| Revpar | €112.78 | €86.09 | +31% |
| Payroll % | 32.3% | 38.9% | -6.6 points |
| Goppar | €67.33 | €41/37 | +62.8% |
| Paris | 2010 | 2009 | Movement |
| Occupancy | 81% | 76% | +4.9 points |
| Room rate | €197.29 | €168.18 | +17.3% |
| Revpar | €159.72 | €127.86 | +24.9% |
| Payroll % | 37.9% | 41.4% | -3.5 points |
| Goppar | €81.82 | €54.08 | +51.3% |
| Prague | 2010 | 2009 | Movement |
| Occupancy | 78.4% | 69.9% | +8.5 points |
| Room rate | €92.91 | €108.88 | -14.7% |
| Revpar | €72.82 | €76.11 | -4.3% |
| Payroll % | 21.8% | 22% | -0.2 points |
| Goppar | €49.62 | €52.67 | -5.8% |
| Rome | 2010 | 2009 | Movement |
| Occupancy | 80.2% | 78.8% | +1.4 points |
| Room rate | €222.41 | €229.43 | -3.1% |
| Revpar | €178.28 | €180.70 | -1.3% |
| Payroll % | 33.7% | 29.4% | -4.3 points |
| Goppar | €95.77 | €108,77 | -12% |
| Vienna | 2010 | 2009 | Movement |
| Occupancy | 78.8% | 71% | +7.8 points |
| Room rate | €122.64 | €135.08 | -9.2% |
| Revpar | €96.57 | €95.84 | +0.8% |
| Payroll % | 39.3% | 37.3% | +2 points |
| Goppar | €46.89 | €44.56 | +5.2% |
| Warsaw | 2010 | 2009 | Movement |
| Occupancy | 78% | 66.7% | +11.3 points |
| Room rate | €96.31 | €100.97 | -4.6% |
| Revpar | €75.10 | €67.31 | +11.6% |
| Payroll % | 23% | 24.4% | -1.4 points |
| Goppar | €52.95 | €46.10 | +14.9% |
View the figures for April 2010 >>
View the figures for March 2010 >>
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
Goppar is total gross operating profit for the period divided by the total available rooms during the period