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H O S P I TA L I T Y I N D U S T RY T R E N D S R E P O RT By Olakalasuite
EUROPE JANUARY 2016
HotelCompSet database, a unique decision-making support tool
The HotelCompSet database is a unique decision-making support tool in a heavily competitive hotel market, where notions of ‘fairprice’, optimisation of revenue and minimisation of room oversupply are central to hotel chains’ strategies.
For more than 25 years, MKG Group has been a global leader in tourism, hotel and catering consulting, with the largest database in the world (USA aside), representing all segments from budget to upscale hotels. 45 000 hotels are compiled in HotelCompset’s database(representing more than 2.5 million rooms).
HotelCompSet
MKG group’s online market intelligence tool, HotelCompSet, contains a sample of over 250 brands in 150 countries (representing more than 800 markets) and 11.000 corporate chain hotels, representing more than one million rooms. HotelCompSet provides daily, monthlyand yearly monitoring of hotel indicators and analyses of its sample.
HotelCompset statistical samples accuracy strengthen our expertise in the hospitality industry
We would like to express our thanks to all participants of this programme over the last 25 years.
2E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
SUMMARY
04 Analysis by Hospitality ON
08 European Market Trends
14 France
16 Germany
17 United Kingdom
18 Spain
19 Portugal
20 Italy
3E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
21 Belgium & Luxembourg
22 The Netherlands
23 Switzerland
24 Austria
25 Poland
26 Scandinavia
27 Eastern & Southern Europe
28 Methodology
2,0%
-5,1%
-1,0%
14,0%
-1,1%
1,4%
8,4%
8,7%
-6,0%2,3%
43,7%
2,4%
17,6%
16,5%
13,1%
M O N T H LY R e v PA R VA R I AT I O N I N J a n u a r y 2 0 1 6 %
4E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
MALTA
The year 2016 begins with growth in hospitality performance in almost allEuropean countries. France, however, continues to suffer from the terrorist attacksin November. Inversely, Spain and Eastern European countries continue along agrowth trend and produced the best results in the first month of the year.
After stagnation at the end of 2015 for European hotel chains, the year 2016 kicksoff with growth in its indicators in January. The occupancy rate posts a slightincrease (+0.2 points) to reach 53.8%, and the average daily rate is up by 0.5% to84.3€. This growth allows the RevPAR to grow by 0.8% to settle at 45.3€. Theincrease in results affects all but the budget segment which saw its RevPAR fall by1.7%, pulled down by a drop in occupancy that is not offset by increased prices. Inthe economy and midscale niches, the occupancy rate makes it possible to producean increase in the RevPAR, while average daily rates follow a downtrend or remainstable. The upscale is almost the only category to show moderate improvementacross all its indicators, in particular the average daily rate (+0.8%), which make itpossible to post strong growth in the RevPAR (+1.2%).
France continues to be affected by cancellations and postponements ofreservations following November's attacks, which prevent recovery and cause a 5%drop in its RevPAR, although the provinces appear to less affected than the capital(read our article). It posts the strongest decrease in Europe, and is one of the fewonly European countries to see their hotel results drop across the month. TheUnited Kingdom posts a drop in its RevPAR by 1.1% due to a slight drop inoccupancy rates and average daily rates. Like Paris, London continues to suffer,but this raises no concern about what kind of tourism growth is expected in the
country in 2016, 6 consecutive years after the increase in activity. On the otherhand, the pound sterling began a significant drop in recent weeks. In the south ofthe Old Continent, while Portugal posted growth in its RevPAR (+2.4%), which wasnonetheless held back by a drop in arrivals, results in Italy and Greece are also on adowntrend. Average daily rates fell in Italy, while Greece continues to suffer from itsdifficult economic situation and the migrant crisis. Nonetheless, in these countriesthat are dominated by international leisure arrivals, which are concentrated duringthe summer season, January is traditionally a slow month, and weighs down hotelactivity across the year.
In the other European countries, growth in average daily rates and the RevPAR iswidespread. Belgium, which was also affected at the end of 2015 by the aftermathof the events in Paris, posts a recovery of its hotel activity at the beginning of theyear (+1.4% of the RevPAR), driven by an increase in prices. Germany and Austriaboth report increases in the RevPAR by around 2% on the month. The Netherlandscontinue the positive observed in 2015 and posts some of the best growth inresults, driven by occupancy and prices, making it possible for the RevPAR to grow8.4%, an increase similar Luxembourg's.
Spain and countries in Central and Eastern Europe did the best, producing the bestresults. Spain, which had a steady increase in its results and closed the year 2015with record breaking international arrivals, kicks off 2016 at high speed, with pricesup sharply (+7.4%), combined with an increase in occupancy, resulting in double-digit growth in its RevPAR at its hotels in January (+14%).
5E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
A N A LY S I S BY H O S P I TA L I T Y O NJanuary 2016 : the year is off to a good start for Europe's hotels, while France
remains behind
L’année 2016 commence par une progression des performances hôtelières enEurope dans la quasi-totalité des pays. La France affiche en revanche le plus fortrecul de RevPAR sur le mois de janvier, pâtissant encore des effets des attentats. Al'inverse, l’Espagne et les Pays d’Europe de l’Est sont toujours en tête en termes decroissance, enregistrant les meilleures progressions de performances sur lepremier mois de l'année.
Après une fin d'année 2015 en stagnation pour l'hôtellerie de chaînes européenne,l'année 2016 démarre avec une progression des indicateurs au mois de janvier. Letaux d'occupation enregistre une légère hausse (+0,2 points) pour atteindre 53,8%,et le prix moyen augmente de 0,5% à 84,3€. Ces progressions permettent auRevPAR de croître de 0,8% pour s'établir à 45,3€. La hausse des performancestouche l'ensemble des segments à l'exception du super-économique, qui voit sonRevPAR reculer de 1,7%, tiré à la baisse par un repli du taux d'occupation qui n'estpas compensé par la hausse des prix. Dans les créneaux économique et milieu degamme, c'est à l'inverse le taux d'occupation qui permet une hausse du RevPAR,tandis que les prix moyens sont légèrement orientés à la baisse ou restent stables.Il n'y a guère que la catégorie haut de gamme qui voit une embellie modérée del'ensemble de ses indicateurs, notamment du prix moyen (+0,8%), qui lui permetd'afficher la plus forte progression de RevPAR (+1,2%).
La France est encore marquée par les annulations et les reports de réservationsuite aux attentats de Novembre, qui entravent la reprise de la demande etsuscitent un recul de 5% de son RevPAR, même si la province apparait plusépargnée que la capitale. Elle affiche le plus fort repli en Europe, et fait partie desseuls pays européens à voir leurs performances hôtelières reculer sur le mois. LeRoyaume-Uni accuse en janvier une baisse de 1,1% de RevPAR, due à une légèrebaisse du taux
d'occupation et des prix moyens. Comme Paris, Londres souffre toujours, mais celane remet pas en cause la croissance du tourisme attendue dans le pays pour 2016,après 6 années consécutives de hausse de l'activité, d'autant que la livre a amorcéune chute importante ces dernières semaines. Au sud du Vieux Continent, tandisque le Portugal affiche une progression de RevPAR (+2,4%), ralentie toutefois parune diminution de fréquentation, les performances de l'Italie et la Grèce sont ellesaussi orientées à la baisse. Les prix moyens ont reculé en Italie, et la Grèce pâtittoujours de son contexte économique difficile et de la crise des migrants.Toutefois, dans ces pays dominés par la fréquentation internationale de loisirs,concentrée à la belle saison, le mois de janvier est traditionnellement un mois defaible activité, et pèse peu dans l'activité des hôtels sur l'année. Dans l'ensembledes autres pays européens, la progression des prix moyens et du RevPAR estgénérale. La Belgique, également impactée fin 2015 par les suites des évènementsparisiens, affiche une reprise de son activité hôtelière sur le début d'année (+1,4%de RevPAR), portée par une remontée des prix. L'Allemagne et l'Autricheenregistrent toutes deux des hausses de l'ordre de 2% de RevPAR sur le mois. LesPays-Bas continuent sur la dynamique positive observée en 2015 et affichent unedes meilleures progressions de performances, portées à la fois par la fréquentationet les prix, permettant au RevPAR de progresser de 8,4%, une hausse similaire àcelle enregistrée par le Luxembourg. Mais ce sont bien l'Espagne et les Paysd'Europe Centrale et Orientale qui tirent le mieux leur épingle du jeu et affichent lesmeilleurs résultats. En Espagne, qui connaît une hausse continue de sesperformances et a clôturé l'année 2015 sur des records de fréquentationinternationale, 2016 démarre de nouveau sur les chapeaux de roue : la forte haussedes prix (+7,4%), cumulée à une progression de la fréquentation, aboutit à uneaugmentation à deux chiffres du RevPAR des hôtels du pays sur le mois de janvier(+14%).
6E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
A N A LY S I S BY H O S P I TA L I T Y O NJanvier 2016 : un début d’année positif pour l’hôtellerie européenne, la France
toujours en retrait
7E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
Last 12 months results in Europe for chain hotels – end of January 2016
Occupancy Rate. Average Daily Rate and RevPAR variations
Monthly Occupancy Rate Monthly ADR (in euros taxes excl.)
-8%
-6%
-4%
-2%
0%
2%
4%
6%
8%
10%
12%
02/ 15 03/ 15 04/ 15 05/ 15 06/ 15 07/ 15 08/ 15 09/ 15 10/ 15 11/ 15 12/ 15 01/ 16
Changes OR Changes ADR Changes RevPAR
30%
40%
50%
60%
70%
80%
90%
02/ 15 03/ 15 04/ 15 05/ 15 06/ 15 07/ 15 08/ 15 09/ 15 10/ 15 11/ 15 12/ 15 01/ 1680 €
85 €
90 €
95 €
100 €
105 €
02/ 15 03/ 15 04/ 15 05/ 15 06/ 15 07/ 15 08/ 15 09/ 15 10/ 15 11/ 15 12/ 15 01/ 16
8E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
E U R O P E A N M A R K E T T R E N D S
- Monthly variation of occupancy rates. average daily rates and RevPAR in chain hotels over the last 12 months by country
- Occupancy rate and average daily rate variation by category and by country - in January 2016 (B : Budget / E : Economy / MS : Midscale / US : Upscale)
FRANCE GERMANY UNITED KINGDOM
-20%
-10%
0%
10%
20%
02 03 04 05 06 07 08 09 10 11 12 01
Changes OR Changes ADR Changes RevPAR
-8%
-4%
0%
B E MS US
Changes OR Changes ADR
-20%
-10%
0%
10%
20%
30%
02 03 04 05 06 07 08 09 10 11 12 01
Changes OR Changes ADR Changes RevPAR
0%
1%
2%
3%
4%
B E MS US
Changes OR Changes ADR
-4%
-2%
0%
2%
4%
B E MS US
Changes OR Changes ADR
-20%
-10%
0%
10%
20%
02 03 04 05 06 07 08 09 10 11 12 01
Changes OR Changes ADR Changes RevPAR
9E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
E U R O P E A N M A R K E T T R E N D S
- Monthly variation of occupancy rates. average daily rates and RevPAR in chain hotels over the last 12 months by country
- Occupancy rate and average daily rate variation by category and by country - in January 2016 (B : Budget / E : Economy / MS : Midscale / US : Upscale)
SPAIN ITALY MALTA
-20%
-10%
0%
10%
20%
30%
02 03 04 05 06 07 08 09 10 11 12 01
Changes OR Changes ADR Changes RevPAR
-20%
-10%
0%
10%
20%
02 03 04 05 06 07 08 09 10 11 12 01
Changes OR Changes ADR Changes RevPAR
-20%-10%
0%10%20%30%40%50%60%70%
02 03 04 05 06 07 08 09 10 11 12 01
Changes OR Changes ADR Changes RevPAR
0%
5%
10%
15%
B E MS US
Changes OR Changes ADR
-4%
-2%
0%
2%
4%
6%
B E MS US
Changes OR Changes ADR
0%
5%
10%
15%
20%
B E MS US
Changes OR Changes ADR
10E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
E U R O P E A N M A R K E T T R E N D S
- Monthly variation of occupancy rates. average daily rates and RevPAR in chain hotels over the last 12 months by country
- Occupancy rate and average daily rate variation by category and by country - in January 2016 (B : Budget / E : Economy / MS : Midscale / US : Upscale)
BELGIUM THE NETHERLANDS LUXEMBOURG
-20%
-10%
0%
10%
20%
02 03 04 05 06 07 08 09 10 11 12 01
Changes OR Changes ADR Changes RevPAR
-20%
-10%
0%
10%
20%
02 03 04 05 06 07 08 09 10 11 12 01
Changes OR Changes ADR Changes RevPAR
-20%
-10%
0%
10%
20%
30%
02 03 04 05 06 07 08 09 10 11 12 01
Changes OR Changes ADR Changes RevPAR
-4%
0%
4%
8%
B E MS US
Changes OR Changes ADR
0%
5%
10%
15%
B E MS US
Changes OR Changes ADR
0%
5%
10%
15%
20%
25%
B E MS US
Changes OR Changes ADR
11E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
E U R O P E A N M A R K E T T R E N D S
- Monthly variation of occupancy rates. average daily rates and RevPAR in chain hotels over the last 12 months by country
- Occupancy rate and average daily rate variation by category and by country - in January 2016 (B : Budget / E : Economy / MS : Midscale / US : Upscale)
SWITZERLAND AUSTRIA PORTUGAL
-20%
-10%
0%
10%
20%
02 03 04 05 06 07 08 09 10 11 12 01
Changes OR Changes ADR Changes RevPAR
-15%
-5%
5%
15%
25%
02 03 04 05 06 07 08 09 10 11 12 01
Changes OR Changes ADR Changes RevPAR
-20%
-10%
0%
10%
20%
30%
02 03 04 05 06 07 08 09 10 11 12 01
Changes OR Changes ADR Changes RevPAR
-10%
-8%
-6%
-4%
-2%
0%
2%
4%
B E MS US
Changes OR Changes ADR
-4%
-2%
0%
2%
4%
6%
8%
10%
B E MS US
Changes OR Changes ADR
-6%
-4%
-2%
0%
2%
4%
6%
8%
B E MS US
Changes OR Changes ADR
12E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
E U R O P E A N M A R K E T T R E N D S
1/2016 by city Year to date by city - 1/2016
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
%change
(pts)euros % euros %
FRANCE 50,1% -1,4 77,8 -2,5% 39,0 -5,1%
GERMANY 56,1% 0,5 87,2 1,1% 48,9 2,0%
UNITED KINGDOM 64,2% -0,4 100,6 -0,4% 64,6 -1,0%
SPAIN 54,7% 3,2 75,2 7,4% 41,2 14,0%
ITALY 48,6% 0,2 90,9 -1,4% 44,1 -1,1%
BELGIUM 56,9% -1,0 91,7 3,3% 52,2 1,4%
NETHERLANDS 56,3% 1,9 90,6 4,7% 50,9 8,4%
LUXEMBOURG 62,9% 3,8 102,5 2,2% 64,5 8,7%
SWITZERLAND 56,7% -0,2 146,0 -5,7% 82,8 -6,0%
AUSTRIA 51,0% -0,1 94,2 2,4% 48,1 2,3%
MALTA 56,1% 9,9 92,9 18,2% 52,1 43,7%
PORTUGAL 48,0% -0,3 64,5 3,1% 30,9 2,4%
POLAND 52,0% 5,2 52,5 5,9% 27,3 17,6%
Occupancy RateCOUNTRIES
ADR RevPAR
%change
(pts)euros % euros %
FRANCE 50,1% -1,4 77,8 -2,5% 39,0 -5,1%
GERMANY 56,1% 0,5 87,2 1,1% 48,9 2,0%
UNITED KINGDOM 64,2% -0,4 100,6 -0,4% 64,6 -1,0%
SPAIN 54,7% 3,2 75,2 7,4% 41,2 14,0%
ITALY 48,6% 0,2 90,9 -1,4% 44,1 -1,1%
BELGIUM 56,9% -1,0 91,7 3,3% 52,2 1,4%
NETHERLANDS 56,3% 1,9 90,6 4,7% 50,9 8,4%
LUXEMBOURG 62,9% 3,8 102,5 2,2% 64,5 8,7%
SWITZERLAND 56,7% -0,2 146,0 -5,7% 82,8 -6,0%
AUSTRIA 51,0% -0,1 94,2 2,4% 48,1 2,3%
MALTA 56,1% 9,9 92,9 18,2% 52,1 43,7%
PORTUGAL 48,0% -0,3 64,5 3,1% 30,9 2,4%
POLAND 52,0% 5,2 52,5 5,9% 27,3 17,6%
RevPAR
COUNTRIES
Occupancy Rate ADR
13E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
E U R O P E A N M A R K E T T R E N D S
Occupancy rate by country – January 2016
ADR by country – January 2016 (in euros and taxes excl.)
RevPar by country – January 2016 (in euros and taxes excl.)
TO 66,2%
Evol TO -1,5
PM 84,8
Evol PM -0,8%
RP 56,1
Evol RP -3,0%
AIRPORT
HOTELS
MONTHLY
RESULTS
OR
ADR
RevPAR
30%
40%
50%
60%
70%
80%
90%
100%
FR DE UK ES IT BE NL LU CH AT MT PT PO
20
40
60
80
100
120
140
160
FR DE UK ES IT BE NL LU CH AT MT PT PO
0
20
40
60
80
100
120
140
FR DE UK ES IT BE NL LU CH AT MT PT PO
14E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
1/2016 Year to date - 1/2016
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
H O T E L I N S I G H TFrance
%change
(pts)
local
currency%
local
currency%
Budget 49,7% -2,2 40,5 -0,7% 20,1 -5,0%
Economy 49,6% -0,2 64,8 -2,1% 32,1 -2,5%
Midscale 49,0% -1,3 93,0 -1,7% 45,5 -4,3%
Upscale 54,6% -2,4 155,7 -3,3% 85,0 -7,3%
GLOBAL 50,1% -1,4 77,8 -2,5% 39,0 -5,1%
CATEGORY
Occupancy Rate ADR RevPAR
%change
(pts)
local
currency%
local
currency%
Budget 49,7% -2,2 40,5 -0,7% 20,1 -5,0%
Economy 49,6% -0,2 64,8 -2,1% 32,1 -2,5%
Midscale 49,0% -1,3 93,0 -1,7% 45,5 -4,3%
Upscale 54,6% -2,4 155,7 -3,3% 85,0 -7,3%
GLOBAL 50,1% -1,4 77,8 -2,5% 39,0 -5,1%
CATEGORY
Occupancy Rate ADR RevPAR
15E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
1/2016 by city Year to date by city - 1/2016
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
H O T E L I N S I G H TFrance
%change
(pts)
local
currency%
local
currency%
BORDEAUX 51,4% 0,3 67,2 0,8% 34,5 1,3%
CANNES 33,2% 3,7 111,8 2,2% 37,1 14,9%
GRENOBLE 45,0% -2,2 62,0 0,3% 27,9 -4,3%
LILLE 57,8% 1,6 76,6 3,9% 44,2 6,9%
LYON 56,2% -4,3 76,5 -16,0% 43,0 -22,0%
MARSEILLE 48,0% 1,1 73,6 3,0% 35,3 5,3%
MONTPELLIER 50,0% -6,8 68,9 -5,4% 34,5 -16,7%
NANTES 52,3% 0,2 65,4 -1,4% 34,2 -0,9%
NICE 40,0% 2,6 83,3 0,9% 33,3 7,8%
PARIS AGGLO 58,6% -5,6 101,7 -2,0% 59,6 -10,5%
PARIS INTRA M UROS 60,7% -7,8 135,6 -2,2% 82,3 -13,3%
RENNES 55,7% 4,7 64,6 0,2% 36,0 9,4%
ROUEN 50,9% -0,9 64,2 0,5% 32,7 -1,3%
STRASBOURG 45,7% -2,4 72,5 -2,4% 33,2 -7,1%
TOULOUSE 55,2% 0,6 74,4 2,0% 41,0 3,2%
ADR RevPARCITIES
Occupancy Rate
%change
(pts)
local
currency%
local
currency%
BORDEAUX 51,4% 0,3 67,2 0,8% 34,5 1,3%
CANNES 33,2% 3,7 111,8 2,2% 37,1 14,9%
GRENOBLE 45,0% -2,2 62,0 0,3% 27,9 -4,3%
LILLE 57,8% 1,6 76,6 3,9% 44,2 6,9%
LYON 56,2% -4,3 76,5 -16,0% 43,0 -22,0%
MARSEILLE 48,0% 1,1 73,6 3,0% 35,3 5,3%
MONTPELLIER 50,0% -6,8 68,9 -5,4% 34,5 -16,7%
NANTES 52,3% 0,2 65,4 -1,4% 34,2 -0,9%
NICE 40,0% 2,6 83,3 0,9% 33,3 7,8%
PARIS AGGLO 58,6% -5,6 101,7 -2,0% 59,6 -10,5%
PARIS INTRA M UROS 60,7% -7,8 135,6 -2,2% 82,3 -13,3%
RENNES 55,7% 4,7 64,6 0,2% 36,0 9,4%
ROUEN 50,9% -0,9 64,2 0,5% 32,7 -1,3%
STRASBOURG 45,7% -2,4 72,5 -2,4% 33,2 -7,1%
TOULOUSE 55,2% 0,6 74,4 2,0% 41,0 3,2%
Occupancy RateCITIES
ADR RevPAR
16E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
1/2016 by city Year to date by city - 1/2016
ADR and RevPAR are excluding taxes - Source: HotelCompSet ADR and RevPAR are excluding taxes - Source: HotelCompSet
H O T E L I N S I G H TGermany
%change
(pts)
local
currency%
local
currency%
BERLIN 57,1% 0,6 80,7 1,2% 46,1 2,3%
BREMEN 48,5% -1,3 70,3 -0,8% 34,1 -3,4%
DRESDEN 39,0% -1,2 67,5 -0,6% 26,4 -3,5%
DUSSELDORF 63,5% -2,2 99,0 6,6% 62,9 3,0%
ESSEN 57,8% 6,9 86,4 1,3% 49,9 15,1%
FRANCFORT 61,5% 1,7 100,9 3,7% 62,1 6,6%
HAMBURG 58,8% 1,3 81,7 2,6% 48,0 4,9%
HANOVER 57,9% 3,1 93,4 6,0% 54,1 12,1%
COLOGNE 67,6% 2,5 103,6 3,9% 70,0 8,0%
LEIPZIG 51,9% 0,6 84,6 4,8% 43,9 6,1%
MAINZ 59,7% 2,1 81,1 1,4% 48,4 5,2%
MUNICH 62,5% -4,5 98,2 -11,1% 61,4 -17,1%
NUREMBERG 58,1% 4,8 119,4 2,3% 69,3 11,5%
STUTTGART 60,1% 1,2 89,8 4,4% 53,9 6,6%
CITY
Occupancy Rate ADR RevPAR
%change
(pts)
local
currency%
local
currency%
BERLIN 57,1% 0,6 80,7 1,2% 46,1 2,3%
BREMEN 48,5% -1,3 70,3 -0,8% 34,1 -3,4%
DRESDEN 39,0% -1,2 67,5 -0,6% 26,4 -3,5%
DUSSELDORF 63,5% -2,2 99,0 6,6% 62,9 3,0%
ESSEN 57,8% 6,9 86,4 1,3% 49,9 15,1%
FRANCFORT 61,5% 1,7 100,9 3,7% 62,1 6,6%
HAMBURG 58,8% 1,3 81,7 2,6% 48,0 4,9%
HANOVER 57,9% 3,1 93,4 6,0% 54,1 12,1%
COLOGNE 67,6% 2,5 103,6 3,9% 70,0 8,0%
LEIPZIG 51,9% 0,6 84,6 4,8% 43,9 6,1%
MAINZ 59,7% 2,1 81,1 1,4% 48,4 5,2%
MUNICH 62,5% -4,5 98,2 -11,1% 61,4 -17,1%
NUREMBERG 58,1% 4,8 119,4 2,3% 69,3 11,5%
STUTTGART 60,1% 1,2 89,8 4,4% 53,9 6,6%
RevPAR
CITY
Occupancy Rate ADR
%change
(pts)
local
currency%
local
currency%
Economy 60,5% 1,2 69,5 0,9% 42,0 3,0%
Midscale 54,0% 0,2 80,0 1,1% 43,2 1,5%
Upscale 55,6% 0,2 107,4 1,2% 59,7 1,5%
GLOBAL 56,1% 0,5 87,2 1,1% 48,9 2,0%
CITIES
Occupancy Rate ADR RevPAR
%change
(pts)
local
currency%
local
currency%
Economy 60,5% 1,2 69,5 0,9% 42,0 3,0%
Midscale 54,0% 0,2 80,0 1,1% 43,2 1,5%
Upscale 55,6% 0,2 107,4 1,2% 59,7 1,5%
GLOBAL 56,1% 0,5 87,2 1,1% 48,9 2,0%
CITIES
Occupancy Rate ADR RevPAR
1/2016 Year to date - 1/2016
ADR and RevPAR are excluding taxes - Source: HotelCompSet ADR and RevPAR are excluding taxes - Source: HotelCompSet
17E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
1/2016 Year to date - 1/2016
ADR and RevPAR are excluding taxesSource: HotelCompSet Database
ADR and RevPAR are excluding taxesSource: HotelCompSet Database
H O T E L I N S I G H TUnited Kingdom
1/2016 by city Year to date by city - 1/2016
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
%change
(pts)
local
currency%
local
currency%
Economy 66,2% 0,6 54,1 1,2% 35,8 2,1%
Midscale 60,6% -0,8 70,2 -0,3% 42,5 -1,5%
Upscale 66,3% -1,2 99,0 -0,5% 65,7 -2,3%
GLOBAL 64,2% -0,4 73,8 -0,4% 47,4 -1,0%
CATEGORYOccupancy Rate ADR RevPAR
%change
(pts)
local
currency%
local
currency%
Economy 66,2% 0,6 54,1 1,2% 35,8 2,1%
Midscale 60,6% -0,8 70,2 -0,3% 42,5 -1,5%
Upscale 66,3% -1,2 99,0 -0,5% 65,7 -2,3%
GLOBAL 64,2% -0,4 73,8 -0,4% 47,4 -1,0%
CATEGORYOCCUPANCY RATE ADR RevPAR
%change
(pts)
local
currency%
local
currency%
BIRMINGHAM 66,0% 3,1 61,1 4,7% 40,3 9,8%
CARDIFF 59,7% 2,2 53,3 -0,5% 31,8 3,4%
EDINBURGH 60,3% 4,6 60,1 -0,3% 36,3 8,1%
GLASGOW 67,4% 0,6 55,3 1,9% 37,3 2,8%
LEEDS-
BRADFORD64,9% 4,1 52,8 5,5% 34,3 12,6%
LONDON 70,1% -2,6 97,5 -1,8% 68,3 -5,3%
MANCHESTER 71,4% 2,0 68,1 5,5% 48,7 8,6%
ADR RevPARCITIES
Occupancy Rate
%change
(pts)
local
currency%
local
currency%
BIRMINGHAM 66,0% 3,1 61,1 4,7% 40,3 9,8%
CARDIFF 59,7% 2,2 53,3 -0,5% 31,8 3,4%
EDINBURGH 60,3% 4,6 60,1 -0,3% 36,3 8,1%
GLASGOW 67,4% 0,6 55,3 1,9% 37,3 2,8%
LEEDS-
BRADFORD64,9% 4,1 52,8 5,5% 34,3 12,6%
LONDON 70,1% -2,6 97,5 -1,8% 68,3 -5,3%
MANCHESTER 71,4% 2,0 68,1 5,5% 48,7 8,6%
Occupancy RateCITIES
ADR RevPAR
18E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
1/2016 Year to date - 1/2016
ADR and RevPAR are excluding taxes - Source: HotelCompSet Database ADR and RevPAR are excluding taxes - Source: HotelCompSet Database
H O T E L I N S I G H TSpain
1/2016 by city Year to date by city - 1/2016
ADR and RevPAR are excluding taxes - Source: HotelCompSet Database ADR and RevPAR are excluding taxes - Source: HotelCompSet Database
%change
(pts)
local
currency%
local
currency%
ALICANTE 38,2% 6,4 57,0 6,1% 21,8 27,7%
BARCELONA 57,1% 5,3 81,7 6,7% 46,6 17,6%
BILBAO 49,2% -1,6 61,4 10,5% 30,2 7,1%
MADRID 55,6% 1,3 84,3 8,0% 46,8 10,6%
MALAGA 59,3% 6,0 66,3 7,3% 39,3 19,3%
OVIEDO 38,5% 2,3 46,3 0,3% 17,8 6,6%
PALMA DE
MALLORCA45,1% 2,8 63,0 0,4% 28,4 7,0%
SEVILLE 47,1% 0,6 79,3 9,4% 37,3 10,9%
VALENCIA 46,7% 5,6 58,6 6,9% 27,4 21,6%
ZARAGOZA 46,6% 6,7 54,3 10,6% 25,3 29,1%
ADR RevPAR
CITIES
Occupancy Rate
%change
(pts)
local
currency%
local
currency%
ALICANTE 38,2% 6,4 57,0 6,1% 21,8 27,7%
BARCELONA 57,1% 5,3 81,7 6,7% 46,6 17,6%
BILBAO 49,2% -1,6 61,4 10,5% 30,2 7,1%
MADRID 55,6% 1,3 84,3 8,0% 46,8 10,6%
MALAGA 59,3% 6,0 66,3 7,3% 39,3 19,3%
OVIEDO 38,5% 2,3 46,3 0,3% 17,8 6,6%
PALMA DE
MALLORCA45,1% 2,8 63,0 0,4% 28,4 7,0%
SEVILLE 47,1% 0,6 79,3 9,4% 37,3 10,9%
VALENCIA 46,7% 5,6 58,6 6,9% 27,4 21,6%
ZARAGOZA 46,6% 6,7 54,3 10,6% 25,3 29,1%
Occupancy Rate
CITIES
ADR RevPAR
%change
(pts)
local
currency%
local
currency%
Economy 47,3% 3,7 44,0 4,5% 20,8 13,5%
Midscale 56,1% 3,5 62,5 7,0% 35,0 14,2%
Upscale 55,5% 2,8 89,3 8,4% 49,5 14,2%
GLOBAL 54,7% 3,2 75,2 7,4% 41,2 14,0%
CATEGORY
Occupancy Rate ADR RevPAR
%change
(pts)
local
currency%
local
currency%
Economy 47,3% 3,7 44,0 4,5% 20,8 13,5%
Midscale 56,1% 3,5 62,5 7,0% 35,0 14,2%
Upscale 55,5% 2,8 89,3 8,4% 49,5 14,2%
GLOBAL 54,7% 3,2 75,2 7,4% 41,2 14,0%
CATEGORY
Occupancy Rate ADR RevPAR
19E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
1/2016 Year to date - 1/2016
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
H O T E L I N S I G H TPortugal
1/2016 by city Year to date by city - 1/2016
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
%change
(pts)
local
currency%
local
currency%
LISBON 53,4% -2,6 72,6 0,9% 38,9 -3,8%
PORTO 50,5% -0,1 65,0 10,2% 32,8 10,0%
ALGARVE 34,7% 7,9 58,5 15,9% 20,3 50,1%
NORTE 46,0% 0,7 46,3 5,9% 21,3 7,5%
LISBOA E
VALE DO TEJO52,1% -4,8 75,4 1,8% 39,2 -6,7%
CITIES
MAIN REGIONS
ADR RevPAROccupancy Rate
%change
(pts)
local
currency%
local
currency%
LISBON 53,4% -2,6 72,6 0,9% 38,9 -3,8%
PORTO 50,5% -0,1 65,0 10,2% 32,8 10,0%
ALGARVE 34,7% 7,9 58,5 15,9% 20,3 50,1%
NORTE 46,0% 0,7 46,3 5,9% 21,3 7,5%
LISBOA E
VALE DO TEJO52,1% -4,8 75,4 1,8% 39,2 -6,7%
MAIN REGIONS
Occupancy RateCITIES
ADR RevPAR
%change
(pts)
local
currency%
local
currency%
Midscale 48,3% -0,6 49,1 -2,4% 23,7 -3,6%
Upscale 44,9% -1,8 92,7 6,5% 41,6 2,3%
GLOBAL 48,0% -0,3 64,5 3,1% 30,9 2,4%
CATEGORYOccupancy Rate ADR RevPAR
%change
(pts)
local
currency%
local
currency%
Midscale 48,3% -0,6 49,1 -2,4% 23,7 -3,6%
Upscale 44,9% -1,8 92,7 6,5% 41,6 2,3%
GLOBAL 48,0% -0,3 64,5 3,1% 30,9 2,4%
RevPARCATEGORY
Occupancy Rate ADR
20E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
1/2016 Year to date - 1/2016
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
H O T E L I N S I G H TItaly
1/2016 by city Year to date by city - 1/2016
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
%chantge
(pts)
local
currency%
local
currency%
BOLOGNA 49,1% 6,3 64,8 0,7% 31,8 15,6%
FLORENCE 49,4% -2,7 108,4 11,5% 53,5 5,7%
MILAN 54,6% -4 104,5 -4,4% 57,0 -10,9%
NAPOLI 48,6% 4,5 62,5 1,3% 30,5 11,7%
ROME 43,5% -0,6 96,8 1,1% 42,1 -0,4%
TURIN 52,1% 5,2 81,0 1,1% 42,2 12,4%
VENEZIA 40,4% 4,2 149,1 -0,7% 60,2 10,7%
RevPARCITIES
Occupancy Rate ADR
%change
(pts)
local
currency%
local
currency%
BOLOGNA 49,1% 6,3 64,8 0,7% 31,8 15,6%
FLORENCE 49,4% -2,7 108,4 11,5% 53,5 5,7%
MILAN 54,6% -4 104,5 -4,4% 57,0 -10,9%
NAPOLI 48,6% 4,5 62,5 1,3% 30,5 11,7%
ROME 43,5% -0,6 96,8 1,1% 42,1 -0,4%
TURIN 52,1% 5,2 81,0 1,1% 42,2 12,4%
VENEZIA 40,4% 4,2 149,1 -0,7% 60,2 10,7%
Occupancy RateCITIES
ADR RevPAR
%change
(pts)
local
currency%
local
currency%
Economy 52,2% 1,5 50,6 1,7% 26,4 4,6%
Midscale 46,4% -0,4 65,2 -1,6% 30,3 -2,3%
Upscale 48,7% 0,1 106,8 -1,4% 52,1 -1,2%
GLOBAL 48,6% 0,2 90,9 -1,4% 44,1 -1,1%
CATEGORYOccupancy Rate ADR RevPAR
%change
(pts)
local
currency%
local
currency%
Economy 52,2% 1,5 50,6 1,7% 26,4 4,6%
Midscale 46,4% -0,4 65,2 -1,6% 30,3 -2,3%
Upscale 48,7% 0,1 106,8 -1,4% 52,1 -1,2%
GLOBAL 48,6% 0,2 90,9 -1,4% 44,1 -1,1%
CATEGORYOccupancy Rate ADR RevPAR
21E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
1/2016 - Belgium Year to date - 1/2016 - Belgium
ADR and RevPAR are excluding taxes - Source: HotelCompSet Database ADR and RevPAR are excluding taxes - Source: HotelCompSet Database
H O T E L I N S I G H TBelgium & Luxembourg
1/2016 by city - Belgium Year to date by city - 1/2016 - Belgium
ADR and RevPAR are excluding taxes - Source: HotelCompSet Database ADR and RevPAR are excluding taxes - Source: HotelCompSet Database
1/2016 - Luxembourg Year to date - 1/2016 - Luxembourg
ADR and RevPAR are excluding taxes - Source: HotelCompSet Database ADR and RevPAR are excluding taxes - Source: HotelCompSet Database
%change
(pts)
local
currency%
local
currency%
Economy 60,8% -1,8 65,5 1,0% 39,8 -1,9%
Midscale 55,9% 0,3 90,6 3,4% 50,7 4,0%
Upscale 56,5% -1,5 113,7 3,6% 64,3 1,0%
GLOBAL 56,9% -1,0 91,7 3,3% 52,2 1,4%
CATEGORYOccupancy Rate ADR RevPAR
%change
(pts)
local
currency%
local
currency%
Economy 60,8% -1,8 65,5 1,0% 39,8 -1,9%
Midscale 55,9% 0,3 90,6 3,4% 50,7 4,0%
Upscale 56,5% -1,5 113,7 3,6% 64,3 1,0%
GLOBAL 56,9% -1,0 91,7 3,3% 52,2 1,4%
CATEGORYOccupancy Rate ADR RevPAR
%change
(pts)
local
currency%
local
currency%
ANTWERP 62,8% -2,0 79,9 5,2% 50,1 2,0%
BRUSSELS 56,1% -2,1 98,6 1,5% 55,3 -2,2%
GHENT 64,2% -1,5 88,6 5,2% 56,9 2,7%
LIEGE 67,3% 4,2 75,7 5,4% 50,9 12,3%
ADRCITIES
Occupancy Rate RevPAR
%change
(pts)
local
currency%
local
currency%
ANTWERP 62,8% -2,0 79,9 5,2% 50,1 2,0%
BRUSSELS 56,1% -2,1 98,6 1,5% 55,3 -2,2%
GHENT 64,2% -1,5 88,6 5,2% 56,9 2,7%
LIEGE 67,3% 4,2 75,7 5,4% 50,9 12,3%
Occupancy RateCITIES
ADR RevPAR
%change
(pts)
local
currency%
local
currency%
Economy 64,8% 5,7 70,5 9,9% 45,7 20,5%
Midscale 59,0% 3,9 96,5 0,7% 56,9 7,8%
Upscale 63,7% 2,5 130,6 2,3% 83,2 6,5%
GLOBAL 62,9% 3,8 102,5 2,2% 64,5 8,7%
CATEGORY
Occupancy Rate ADR RevPAR
%change
(pts)
local
currency%
local
currency%
Economy 64,8% 5,7 70,5 9,9% 45,7 20,5%
Midscale 59,0% 3,9 96,5 0,7% 56,9 7,8%
Upscale 63,7% 2,5 130,6 2,3% 83,2 6,5%
GLOBAL 62,9% 3,8 102,5 2,2% 64,5 8,7%
CATEGORY
Occupancy Rate ADR RevPAR
22E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
1/2016 Year to date - 1/2016
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
H O T E L I N S I G H TThe Netherlands
1/2016 by city Year to date by city - 1/2016
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
%change
(pts)
local
currency%
local
currency%
Economy 61,4% 4,8 68,4 3,9% 42,0 12,7%
Midscale 52,2% 1,8 81,9 4,0% 42,7 7,7%
Upscale 58,5% 1,5 111,0 6,2% 64,9 9,0%
GLOBAL 56,3% 1,9 90,6 4,7% 50,9 8,4%
CATEGORY
Occupancy Rate ADR RevPAR
%change
(pts)
local
currency%
local
currency%
Economy 61,4% 4,8 68,4 3,9% 42,0 12,7%
Midscale 52,2% 1,8 81,9 4,0% 42,7 7,7%
Upscale 58,5% 1,5 111,0 6,2% 64,9 9,0%
GLOBAL 56,3% 1,9 90,6 4,7% 50,9 8,4%
CATEGORY
Occupancy Rate ADR RevPAR
%change
(pts)
local
currency%
local
currency%
AMSTERDAM 64,3% 1,5 98,4 7,4% 63,3 10,0%
EINDHOVEN 54,4% 4,5 79,4 1,1% 43,2 10,1%
ROTTERDAM 61,9% 8,8 76,1 -0,9% 47,1 15,5%
UTRECHT 65,8% 2,9 99,8 5,8% 65,7 10,7%
THE HAGUE 47,1% 0,3 87,2 -2,8% 41,0 -2,1%
ADRCITIES
Occupancy Rate RevPAR
%change
(pts)
local
currency%
local
currency%
AMSTERDAM 64,3% 1,5 98,4 7,4% 63,3 10,0%
EINDHOVEN 54,4% 4,5 79,4 1,1% 43,2 10,1%
ROTTERDAM 61,9% 8,8 76,1 -0,9% 47,1 15,5%
UTRECHT 65,8% 2,9 99,8 5,8% 65,7 10,7%
THE HAGUE 47,1% 0,3 87,2 -2,8% 41,0 -2,1%
Occupancy RateCITIES
ADR RevPAR
23E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
1/2016 Year to date - 1/2016
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
H O T E L I N S I G H TSwitzerland
1/2016 by city Year to date by city - 1/2016
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
%change
(pts)
local
currency%
local
currency%
Midscale 54,6% -0,7 152,9 1,0% 83,4 -0,3%
Upscale 55,6% 0,9 306,1 -9,1% 170,1 -7,6%
GLOBAL 56,7% -0,2 209,2 -5,7% 118,6 -6,0%
CATEGORY
Occupancy Rate ADR RevPAR
%change
(pts)
local
currency%
local
currency%
Midscale 54,6% -0,7 152,9 1,0% 83,4 -0,3%
Upscale 55,6% 0,9 306,1 -9,1% 170,1 -7,6%
GLOBAL 56,7% -0,2 209,2 -5,7% 118,6 -6,0%
CATEGORY
Occupancy Rate ADR RevPAR
%change
(pts)
local
currency%
local
currency%
BASEL 56,4% 9,2 178,7 19,1% 100,7 42,4%
GENEVA 60,9% 2,4 235,6 -8,6% 143,4 -4,9%
ZURICH 60,8% -1,1 176,1 -1,4% 107,1 -3,2%
ADRCITIES
Occupancy Rate RevPAR
%change
(pts)
local
currency%
local
currency%
BASEL 56,4% 9,2 178,7 19,1% 100,7 42,4%
GENEVA 60,9% 2,4 235,6 -8,6% 143,4 -4,9%
ZURICH 60,8% -1,1 176,1 -1,4% 107,1 -3,2%
Occupancy RateCITIES
ADR RevPAR
24E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
1/2016 Year to date - 1/2016
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
H O T E L I N S I G H TAustria
1/2016 by city Year to date by city - 1/2016
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
%change
(pts)
local
currency%
local
currency%
Midscale 55,0% 2,3 70,0 3,3% 38,5 7,9%
Upscale 50,8% -1,5 134,0 3,4% 68,1 0,5%
GLOBAL 51,0% -0,1 94,2 2,4% 48,1 2,3%
CATEGORY
OCCUPANCY
RATEADR RevPAR
%change
(pts)
local
currency%
local
currency%
Midscale 55,0% 2,3 70,0 3,3% 38,5 7,9%
Upscale 50,8% -1,5 134,0 3,4% 68,1 0,5%
GLOBAL 51,0% -0,1 94,2 2,4% 48,1 2,3%
CATEGORYOccupancy Rate ADR RevPAR
%change
(pts)
local
currency%
local
currency%
SALZBURG 51,3% -3,6 93,4 2,6% 47,9 -4,1%
VIENNA 49,6% 1,7 89,6 2,3% 44,5 5,9%
ADR
CITIES
Occupancy Rate RevPAR
%change
(pts)
local
currency%
local
currency%
SALZBURG 51,3% -3,6 93,4 2,6% 47,9 -4,1%
VIENNA 49,6% 1,7 89,6 2,3% 44,5 5,9%
Occupancy Rate
CITIES
ADR RevPAR
25E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
1/2016 Year to date - 1/2016
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
H O T E L I N S I G H TPoland
1/2016 by city Year to date by city - 1/2016
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
%change
(pts)
local
currency%
local
currency%
Upscale 58,1% 4,4 344,3 10,2% 200,0 19,4%
GLOBAL 52,0% 5,2 224,0 5,9% 116,5 17,6%
CATEGORY
Occupancy Rate ADR RevPAR
%change
(pts)
local
currency%
local
currency%
Upscale 58,1% 4,4 344,3 10,2% 200,0 19,4%
GLOBAL 52,0% 5,2 224,0 5,9% 116,5 17,6%
RevPAR
CATEGORY
Occupancy Rate ADR
%change
(pts)
local
currency%
local
currency%
GDANSK 48,8% 6,3 221,3 1,7% 107,9 16,8%
KRAKOW 53,4% 6,3 255,6 5,6% 136,4 19,8%
POZNAN 32,7% -1,7 216,2 1,8% 70,7 -3,2%
SZCZECIN 50,2% 0,5 180,4 1,6% 90,6 2,7%
WARSAW 62,5% 7,3 243,2 6,7% 152,1 20,7%
WROCLAW 49,8% 7,1 212,8 17,5% 106,0 36,9%
CITIES
ADR RevPAROccupancy Rate
%change
(pts)
local
currency%
local
currency%
GDANSK 48,8% 6,3 221,3 1,7% 107,9 16,8%
KRAKOW 53,4% 6,3 255,6 5,6% 136,4 19,8%
POZNAN 32,7% -1,7 216,2 1,8% 70,7 -3,2%
SZCZECIN 50,2% 0,5 180,4 1,6% 90,6 2,7%
WARSAW 62,5% 7,3 243,2 6,7% 152,1 20,7%
WROCLAW 49,8% 7,1 212,8 17,5% 106,0 36,9%
Occupancy Rate
CITIES
ADR RevPAR
26E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
H O T E L I N S I G H TScandinavia
1/2016 by city
Year to date by city - 1/2016
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
ADR and RevPAR are excluding taxes Source: HotelCompSet Database
%change
(pts)
Local
currency%
Local
currency%
FINLAND HELSINKI 57,1% -0,1 111,5 3,5% 63,7 3,2%
Occupancy Rate
COUNTRIES CITIES
ADR RevPAR
%change
(pts)
Local
currency%
Local
currency%
FINLAND HELSINKI 57,1% -0,1 111,5 3,5% 63,7 3,2%
CITIESCOUNTRIES
ADR RevPAROccupancy Rate
27E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
H O T E L I N S I G H TEastern & Southern Europe
1/2016 by city
Year to date by city - 1/2016
ADR and RevPAR are excluding taxes - Source: HotelCompSet Database
ADR and RevPAR are excluding taxes - Source: HotelCompSet Database
%change
(pts)
Local
currency%
Local
currency%
CZECH REP. PRAGUE 45,4% 1,8 1737,3 9,0% 789,3 13,3%
HUNGARY BUDAPEST 48,1% 3,4 22 306 7,9% 10 739 16,1%
MOSCOW 50,8% 4,0 5 629,7 1,4% 2 862,1 10,1%
SAINT
PETERSBURG40,9% -5,2 3 494,7 21,0% 1 428,5 7,3%
MALTA Global 56,1% 9,9 92,9 18,2% 52,1 43,7%
GREECE ATHENS 39,5% -3,6 115,5 4,0% 45,6 -4,6%
RUSSIA
Occupancy Rate ADR RevPARCOUNTRIES CITIES
%change
(pts)
Local
currency%
Local
currency%
CZECH REP. PRAGUE 45,4% 1,8 1 737,3 9,0% 789,3 13,3%
HUNGARY BUDAPEST 48,1% 3,4 22 306 7,9% 10 739 16,1%
MOSCOW 50,8% 4,0 5 629,7 1,4% 2 862,1 10,1%
SAINT
PETERSBURG40,9% -5,2 3 494,7 21,0% 1 428,5 7,3%
MALTA Global 56,1% 9,9 92,9 18,2% 52,1 43,7%
GREECE ATHENS 39,5% -3,6 115,5 4,0% 45,6 -4,6%
RUSSIA
COUNTRIES CITIESOccupancy Rate ADR RevPAR
GLOSSARYOccupancy rate : Number of sold rooms divided by number of available rooms
Average daily rate : Room revenue divided by number of sold rooms
RevPAR : Occupancy rate x average price or room revenue divided by available rooms
Available rooms : Capacity x number of days of opening
Sold rooms : Capacity x number of days of opening x occupancy rate
Room revenue : Room revenue from the sale of guest rooms (excluding other types of revenue such as food and beverage, etc)
28E U R O P E A N H O T E L I N D U S T R Y T R E N D S – January 2016
CONVENTIONSIn this review national business results (Occupancy rate, Average daily rates, RevPAR) for each country are calculated on a variable scale (by taking into account openings and closings). This reflects the reality of supply.
However, business results by city are presented on a like-for-like basis. Due to the restrictions of some of these samples (the supply itself is restricted) the slightest movement in supply (openings or closings) is likely to generate differences which strongly impact upon results.
HotelCompSet would like to take this opportunity to thank all hotels chains participating to the HIT Report Europe®
AC Hoteles by Marriott, AccorHotels, Achat Hotels, Akena, Ayre Hoteles, Balladins, Barceló Hotels&Resorts, Best Hotel, Best Western, Bilderberg, Brit Hotel, Carlson Rezidor Hotel Group, Choice, Citadines, Groupe B&B, Hesperia, Hilton Worldwide, Honotel, Hyatt Hotels & Resorts, Ilunion, JJW, Kempinski, Lapithus, Leonardo, Lindner, Lucien Barriere, Maranatha, Maritim, Meliá Hotels International, Motel One, Movenpick Hotels & Resorts, New Hotel, NH Hoteles, Oceania, Paris Inn, RafaelHoteles, Roi Soleil, Room Mate Hoteles, Louvre Hotels, IHG Hotels Group, Sandton, SBM, Simply Hotels, SLIH, Star Inn, Starhotels, Starwood Hotels&Resorts, Steigenberger, Timhotel
CONTACTHOSPITALITY INDUSTRY TRENDS - EUROPE –available by annual subscription only
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These data cannot be communicated to any third party without an express prior approval of HotelCompSet (in this case, the data have to be sourced: « source Base de Données HotelCompSet ») This document is confidential and shall not be disclosed to any third party not directly involved in this mission, or any other consulted suppliers