News - 15th Feb 2008

Latest HotStats European Chain Hotels Market analysis - Moscow

Chain hotels in Moscow were the most profitable in Europe in 2007, despite having the lowest occupancy. Each room in the Moscow hotels in the sample generated, on average, Eu140.01 of profit per day during 2007. This was significantly more than the Eu117.77 per room in London, the second most profitable city in the survey.

Paris has highest profit growth in 2007

Paris hoteliers increased their profits more than any other city in the survey. At 27.6 per cent, profit growth in the French capital was far ahead of Moscow in second place with IBFC PAR up by 16.8 per cent and Vienna in third place with an increase of 16 per cent.

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