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