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

Hotels in Dublin and Vienna Enjoy High Revenues in August 2014

News August 2014 was a very profitable month for hotels in Dublin and Vienna. Both destinations managed to reach a double digit increase in their average daily rate, which positively affected gross operating profit per available room (GOPPAR). The growth of the figure estimated 21.9% and 25.0% respectively.

The average room rate of hotels in Dublin added 10.6% in August, while occupancy remained on same high level of 90.7%. This helped revenue per available room (RevPAR) add 10.3%. Almost all segments posted positive results, excluding Residential Conference rate that declined by 6.5%. Most rooms were sold to leisure guests (28.3%), followed by tours and group tourists (18.8%) and corporate travelers (18.3%). Non-room revenues also posted growth and helped to increase total revenue per available room (TRevPAR) by 8.5%.

Hotels in Vienna posted no less excellent results. With ARR growth of 10.8% and growth of occupancy of 0.9%, RevPAR managed to add 12.0% in August 2014. If analyzing the growth by segment, the situation is similar with Dublin. Corporate segment posted decline of 1.9%, while leisure and group visitors represented more than a half of all sold guestrooms (51.9%). TRevPAR added 9.4%, and the growth of GOPPAR estimated 25.0%.

Hotels in another popular European destination, Berlin, posted quite poor results in August. ARR declined by 4.6%. RevPAR added only 0.3%, TRevPAR dropped by 4.8%, making GOPPAR lose 17.0% compared to the same period of 2013. Rome hotels, in their turn, managed to cope with almost same drop of average room rate. Despite a drop of ARR of 4.8%, sufficient increase of demand of 8.0% helped to increase RevPAR by 7.7%. Revenues from food and beverage grew, as well as departmental profit, made GOPPAR add 20.4% in August.


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
69 hotels
79 hotels
44 hotels
95 hotels
93 hotels
45 hotels
Mykonos City
60 hotels
58 hotels
San Francisco
186 hotels
44 hotels