Profit continues to fall across Europe. The trend of falling occupancy, revenue and profit across key European hotel markets continued during January, according to the latest HotStats survey by TRI Hospitality Consulting. In Vienna the sample of international branded hotels saw daily profit – expressed as income before fixed charges (IBFC) – decline by nearly two thirds to just €9.80 per available room. In Prague profit more than halved and in Amsterdam the decline was 45.2 per cent. The only city in the survey not to report a double-digit decline in profit was Hamburg.

Profit continues to fall across Europe. The trend of falling occupancy, revenue and profit across key European hotel markets continued during January, according to the latest HotStats survey by TRI Hospitality Consulting. In Vienna the sample of international branded hotels saw daily profit – expressed as income before fixed charges (IBFC) – decline by nearly two thirds to just €9.80 per available room. In Prague profit more than halved and in Amsterdam the decline was 45.2 per cent. The only city in the survey not to report a double-digit decline in profit was Hamburg.

Jonathan Langston
+44 (0)20 7892 2201
HotStats Limited