With five major games culminating in the final all taking place in Paris, hoteliers achieved the highest occupancy, rate and rooms revpar in our survey of 10 European cities, as well as pushing payroll costs down by the largest margin - a drop of 6.8 points to 28.6 per cent of total revenue.

Prague's profit reaches its annual high

Elsewhere, Prague's chain hotels had a good month in the context of an erratic performance so far this year. Positive occupancy and rate movement led to an 8.1 per cent increase in revpar to Eu131.90. With payroll costs accounting for just 17.6 per cent of total revenue (the second lowest in the survey after Moscow) profit conversion was robust with IBFC PAR up by 6.1 per cent to Eu106.70.