Mainland Europe Hotels Enter Q4 With Positive GOPPAR Growth

HotStats | December 13, 2019

Mainland Europe hoteliers celebrated a positive start to the last quarter of 2019. October marked the second consecutive month—and third month of the year—of growth in profit per available room compared to the same period last year, according to HotStats data. A strong top line drove the 1.2% YOY increase in GOPPAR. In the rooms department, a combination of occupancy (up 1.0 percentage points YOY) and average rate (up 0.1% YOY) led to a 1.5% increase in revenue per available room. This positive trend was replicated across other revenue centres. Specifically, F&B revenue, which achieved 1.0% YOY growth on a per-available-room bas...