Travel Reservations - OrangeSmile Tours
Best destinations around the world - Travel Guide

Find the right hotel

Hotel Business News and Analytics
Important! This article is written by orangesmile.com editors and is protected by copyright law. The article can only be re-used with a direct link to www.orangesmile.com

Optimistic Results of Hotels in Brussels and Frankfurt in May 2014

News May 2014 was a wonderful month for hotels in Brussels and Frankfurt. Both the destinations experienced a significant growth in gross operating profit (GOPPAR). The growth reached 45.5% for hotels in Brussels and 36.9% for Frankfurt hotels.

The Belgian capital experienced increase of average room rate (ARR) of 12.2%. Coupled with increased occupancy (+3.0%), hotels in Brussels had their RevPAR up by 16.7% to 105.34 euro in total. TRevPAR (total revenue per available room) added 15.2% to the level of 149.46 euro thanks to growth of non-room revenue as well. In total, profitability of guestrooms and F&B options added 4.9% and 4.3% in May, making the month a total success for hotels.

Hotels in another popular European city, Frankfurt, also experienced a significant growth of all main stats. RevPAR added more than 10 per cent (10.2%), and occupancy grew by 6%. TRevPAR added fantastic 16.4%, and operations profit increased by 10.6%.

Prague and Amsterdam hotels had a bit less fantastic, but still very profitable month. Hotels in Amsterdam had high level of occupancy throughout the month, 88.5%, but it was still 0.9% below the result of May 2013. However, thanks to increased ARR by 13.2%, RevPAR added 12.1%. In Prague, drop of occupancy of almost 2 per cent wasn’t enough to make revenues drop as well. Increased average room rate (+5.1%) helped to maintain the growth of RevPAR that estimated 2.7%.


Previous article / Back to news index

Stay in touch with the latest news of a worldwide hotel industry. All up-to-date analytics, reports, and news about hotel business trends on OrangeSmile.com.

Our travel services
 Car Rental
Car Hire Worldwide
 News in languages
 Top 10 destinations
59 hotels
68 hotels
45 hotels
49 hotels
Lloret de Mar
94 hotels
137 hotels
115 hotels
96 hotels
91 hotels
112 hotels