Topic - Market Report Europe

Hotels in Europe recorded a 3.6% increase in GOPPAR this month, with hotels in Budapest leading the way with a 27.1% year-on-year increase in profit per room, according to the latest worldwide poll of full-service hotels from HotStats. continue reading →

Hotels in Brussels recorded a 116.8 per cent year-on-year increase in profit per room this month, as a result of the Belgian capital hosting the NATO Summit, according to the latest data from HotStats. continue reading →

Despite recording a 1.3 per cent increase in Total Revenue this month, hotels in Hamburg suffered a 5.2 per cent decline in profit per room as a result of escalating costs, according to the latest data from HotStats. continue reading →

The hotel markets which have faced the biggest challenges over the last ten years are those which were at the top of their cycle as the global financial crisis hit in 2008, such as Vienna and Prague. continue reading →

Whilst Berlin hotels recorded an 8.0 per cent year-on-year increase in total revenue this month, astute hoteliers slashed costs, which fuelled a 29.0 per cent increase in profit per room, according to the latest data from HotStats. continue reading →

Whilst year-on-year growth in profit per room at hotels in Dublin slowed to 4.5 per cent for year-to-date 2017, the remarkable story of growth in top and bottom line performance at hotels in the Irish capital continues, according to the latest data from HotStats. continue reading →

International tourist arrivals to the European Union increased by 4% in 2016, reaching almost 500 million or 40% of the world’s total. This preliminary result is included in the first release of the ‘European Union Short-Term Tourism Trends’, a regular monitoring of EU tourism by the World Tourism Organization (UNWTO) in the framework of the cooperation with the Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (DG GROWTH) of the European Commission (EC). continue reading →

Hotels in Barcelona achieved a 12.4% year-on-year increase in profit per room in January, continuing the strong profit growth achieved in the Catalan capital in 2016, according to the latest data from HotStats. continue reading →

Madrid achieve a 3.8% increase in GOPPAR for 2016, according to the latest data from HotStats. continue reading →

Hotels in Prague recorded a 32.5% increase in profit per room this month with top and bottom line performance being driven by demand from the commercial segment. continue reading →