News - 18th Mar 2008

Latest HotStats European Chain Hotels Market analysis

Payroll Makes the Difference to London's Profitability

Paris put in the best sales performance with room RevPAR increasing by 9.4 per cent to Eu147.34. However, to look at room sales alone would give a misleading and partial picture. With Paris spending 40.8 per cent of total sales on labour compared to 28.4 per cent in London, payroll was the critical cost that prevented a Parisian hotel room generating more profit than the same room in London.

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