Tag: percentagepoint
Challenging start to 2019 for hotels in mainland Europe
Chief Assignment Editor- March 7, 2019 17:30Profit 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
Chief Assignment Editor- February 28, 2019 22:15Despite 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
Chief Assignment Editor- February 1, 2019 21:20Hotels 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