Дүйнөлүк мейманканалардын кирешеси Европада эмес, жогору

Europe Befuddled

Favorable data in the U.S. could not be duplicated in Europe, which continues to be hampered by country-to-country COVID-related lockdowns. RevPAR remained stuck in the mud in the month, absent any forward thrust in both occupancy and rate. At €13.66, RevPAR was down 85% YOY.

Lack of ancillary revenue stifled TRevPAR and the lack of revenue dropped GOPPAR into negative territory for the fifth consecutive month, at -€10.98.

Despite expenses staying down, profit margin clocked in at -48.5%.

APAC and Middle East Stay the Course

Unlike Europe, Asia-Pacific and the Middle East continued to display pick up.

It was last February that APAC first saw its hotel performance fall over the precipice due to COVID-19—which is why GOPPAR this month showed its first YOY improvement. APAC recorded its ninth consecutive month of positive profit, albeit the lowest growth over that same period at only $1.50.

RevPAR was recorded at $38.25, which was down 16.4% YOY. Occupancy remained above 30%, where it has been since last June. Rate was up $6 from the previous month to $116.33.

Like profit, total revenue receded in February to its lowest level since last July. The decrease in TRevPAR, despite still muted expense, including a 17.9% decline in total labor and a 14% decrease in total overheads, resulted in the deflated GOPPAR number.

Автор жөнүндө

Гарри Джонсондун аватары

Гарри Джонсон

Гарри Джонсон тапшырманын редактору болгон eTurboNews 20 жылдан ашык убакыт бою. Ал Гавайидеги Гонолулу шаарында жашайт жана теги Европадан. Жаңылыктарды жазып, чагылдырганды жакшы көрөт.

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