Dublin, Barcelona lead Europe's hotels in occupancy and revenue


Full-service hotels in Europe recorded a 7.1-percent year-on-year increase in GOPPAR in August, with the growth led by a number of key tourism destinations including Dublin and Barcelona, according to the latest data from HotStats.

Room occupancy levels reached 78.7 percent for the month, and ADR grew by a record 4.8-percent to €149.95. As a result of the movement in volume and price, hotels in Europe recorded a 5.7-percent increase in RevPAR.

Unsurprisingly, demand this month was driven by the leisure segment, which accounted for 38.9 percent of the market mix in the region, compared to 30.3 percent in the 12 months to August 2017. Furthermore, strong rate growth was recorded in both the individual leisure (+6.7 percent) and group leisure (+4.3 percent) segments.


Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

The year-on-year growth in achieved ADR, which was driven by the leisure segment, meant that at €117.55, RevPAR at hotels in Europe was 6.7 percent above the average for the 12 months to August 2017, at €109.68, illustrating the current strength of the leisure sector in the region.

Suggested Articles

As civil unrest continues, hotels are cutting rates to attract guests—and investors are getting deals, too.

The Het Slaakhuys building, originally designed by Dutch architect Jo Vegter in 1952, is now known as the Slaak Rotterdam, a Tribute Portfolio Hotel.

The chain will renovate the Fiesta Resort Guam and reopen the hotel as the Crowne Plaza Resort Guam in early 2021.