Hospitality Sales and Marketing Association International
Hospitality Sales and Marketing Association International
 
Hospitality Sales and Marketing Association International
HotStats European Chain Hotels Market Review July 2015
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July was a strong month for Barcelona as the city registered an 18.5% increase in revenue per available room (RevPAR) thanks to a 1.5 percentage point uplift in occupancy combined with a 16.6% growth in average room rate (ARR). Further increases were reported in revenues per available room derived from food (+16.1%), beverage (+14.7%) and meeting room hire (+4.3%) which further supported the total revenue per available room (TRevPAR) growth of 17.1%. A decrease in payroll (-1.7 percentage points) resulted in departmental operating profit per available room (DOPPAR) rising by 21.8% to 198.64 leading to a GOPPAR growth of 24.9% to 151.61.

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