Tag: percentagepoint
Challenging start to 2019 for hotels in mainland Europe
Profit per room at hotels in mainland Europe fell by 9.1 percent year-over-year in January—the largest margin of decline in this measure since August 2016—as revenues dropped and costs escalated, ... Read More
UK hotel profits drop due to rising costs
Despite a 3.4-percent year-over-year increase in RevPAR in January, profit per room at UK hotels dropped by 2.6 percent due to rising costs, according to the latest full-service hotels tracking ... Read More
2018 second consecutive year of large gains for European hotels
Hotels in Europe suffered a 2.7-percent year-on-year decline in profit per room in December, yet still, annual GOPPAR rose 9.2 percent, marking a second consecutive year of large gains, according ... Read More