TRI HotStats: monthly European hotel figures
London alone of the 10 European cities monitored in the monthly HotStats survey managed to increase revenue per available room (revpar) in October 2009.
The UK capital increased revpar by 0.1% to €135.65 after successfully tapping into the leisure market to compensate for falling corporate demand.
While London revpar was lower than that found in Paris, the city proved to be the most profitable for hotels during the month.
Total gross operating profit (goppar), which fell across all 10 surveyed countries, declined slightly in London by 0.7% to €102.70.
Six countries saw goppar slump by more than 20%, with Budapest suffering a 42.6% decline in comparison to October 2008, when performance was boosted by a two-day NATO meeting in the city's Marriott hotel.
The figures are compiled each month by Tri Hospitality Consulting.
Annual HotStats hotel performance data
TRI HotStats: annual UK hotel figures >>
TRI HotStats: Hotels 2007 Europe >>
OCTOBER 2009
Amsterdam | 2009 | 2008 | Movement |
Occupancy | 72.6% | 77.3% | -4.7 points |
Room rate | €167.36 | €188.26 | -11.1% |
Revpar | €121.47 | €145.47 | -16.5% |
Payroll % | 30.5% | 29% | +1.5 points |
Goppar | €71.27 | €89.23 | \_20.1% |
Barcelona | 2009 | 2008 | Movement |
Occupancy | 66.2% | 61.8% | +4.4 points |
Room rate | €121.95 | €159.41 | -23.5% |
Revpar | €80.72 | €98.56 | -18.1% |
Payroll % | 32.3% | 31.3% | +0.9 points |
Goppar | €38.75 | €50.77 | -23.7% |
Berlin | 2009 | 2008 | Movement |
Occupancy | 78.2% | 78.5% | -0.3 points |
Room rate | €145.73 | €167.63 | -13.1% |
Revpar | €113.92 | €131.55 | -13.4% |
Payroll % | 25.3% | 26% | -0.7 points |
Goppar | €86.34 | €95.08 | -9.2% |
Budapest | 2009 | 2008 | Movement |
Occupancy | 70.5% | 75.2% | -4.7 points |
Room rate | € 95.06 | €124.96 | -23.9% |
Revpar | €67.04 | €93.99 | -28.7% |
Payroll % | 25.3% | 21% | +4.3 points |
Goppar | €40.25 | €70.17 | -42.6% |
London | 2009 | 2008 | Movement |
Occupancy | 88% | 84.5% | +3.5 points |
Room rate | €154.19 | €160.53 | -3.9% |
Revpar | €135.65 | €135.56 | +0.1% |
Payroll % | 22.2% | 22.2% | 0 points |
Goppar | €102.70 | €103.42 | -0.7% |
Munich | 2009 | 2008 | Movement |
Occupancy | 80.7% | 80.7% | 0 points |
Room rate | €121.40 | €151.58 | -19.9% |
Revpar | €98 | €122.39 | -19.9% |
Payroll % | 27.5% | 24.3% | +3.2 points |
Gopparr | €61.35 | €81.90 | -25.1% |
Paris | 2009 | 2008 | Movement |
Occupancy | 86.8% | 87% | -0.3 points |
Room rate | €167.63 | €197.86 | -15.3% |
Revpar | €145.42 | €172.20 | -15.6% |
Payroll % | 36.5% | 32% | +4.5 points |
Goppar | €78.68 | €104.80 | -24.9% |
Prague | 2009 | 2008 | Movement |
Occupancy | 69.5% | 68.3% | +1.2 points |
Room rate | €114.74 | €146.07 | -21.4% |
Revpar | €79.75 | €99.74 | -20% |
Payroll % | 22.5% | 20.7% | +1.9 points |
Goppar | €58.06 | €77.08 | -24.7% |
Vienna | 2009 | 2008 | Movement |
Occupancy | 79.8% | 80.3% | -0.5 points |
Room rate | €166.08 | €181.67 | -8.6% |
Revpar | €132.52 | €145.84 | -9.1% |
Payroll % | 34.8% | 35.7% | -0.9 points |
Goppar | €70.60 | €80.55 | -12.4% |
Warsaw | 2009 | 2008 | Movement |
Occupancy | 73.5% | 75.7% | -2.2 points |
Room rate | €94.87 | €93.74 | +1.2% |
Revpar | €69.74 | €71 | -1.8% |
Payroll % | 20.9% | 21.8% | -0.9 points |
Goppar | €55.49 | €59.22 | -6.3% |