The Hotel Market Profitability Forecasts are real-time quarterly profitability forecasts covering major markets across the UK, Europe, Middle East and North Africa.
Drilling down to the all important metric of gross operating profits per available room, or GOPPAR for short, hotels throughout Europe and MENA will experience varying levels of profits through 2017 according to the latest quarterly forecast data released by e-forecasting and HotStats.
|
GOPPAR Forecast |
|||
|
2015 |
2016 |
2017 |
|
|
Abu Dhabi |
-4.0% |
13.8% |
14.8% |
|
Amsterdam |
8.2% |
-1.2% |
1.5% |
|
Berlin |
16.3% |
5.8% |
8.1% |
|
Dubai |
-8.3% |
-6.2% |
9.1% |
|
Frankfurt |
10.4% |
7.5% |
9.3% |
|
London |
9.4% |
-3.7% |
-5.9% |
|
Munich |
9.2% |
4.3% |
5.9% |
|
Newcastle |
17.4% |
-1.4% |
-2.0% |
|
Paris |
-4.9% |
1.9% |
3.4% |
|
Provincial UK |
3.7% |
2.5% |
-0.3% |
|
Vienna |
9.9% |
-1.0% |
3.1% |
“We see varying trends for each key hotel market that influence profits, based mainly on drivers such as changes in demand from visitor-feeding countries as well as domestic costs such as labor and energy,” commented Maria Sogard, CEO of e-forecasting.com. “We also have rounded out our geographic coverage to include the tourist hotspots of Amsterdam, Paris and Vienna, markets we feel can no longer be overlooked due to their significance and influence for business and tourism in Europe.” With this latest addition, the current list of markets now covered include: Abu Dhabi, Amsterdam, Berlin, Dubai, Frankfurt, London, Munich, Newcastle, Paris, Provincial UK, Vienna and country-wide reports on Germany and the United Kingdom. The Hotel Market Profitability Forecast reports are the first of their type to present a full picture of the health of the hotel industry with a focus on occupancy, average room rate (ARR), rooms revenue per available room (RevPAR), total revenue per available room (TRevPAR) and GOPPAR.
The Hotel Market Profitability Forecasts are real-time quarterly profitability forecasts covering major markets across the UK, Europe, Middle East and North Africa. Each Quarterly Forecast includes predictions for 24 months, 8 quarters and three years out for each of the key hotel performance metrics. Annual subscription is available for £1,500 + VAT for 4 quarterly reports for one single market or you can purchase one report for one single market for £850 + VAT. The next issues reporting on Quarter 2 2015 will be released in early July 2015.
In addition to reporting on forecasts of the hotel metrics of occupancy, ARR, RevPAR, TRevPAR and GOPPAR, the Quarterly Hotel Market Profitability Forecasts also provide in-depth analysis of the economic environment and its relation to the forecast for each hotel market. This additional analysis includes country-wide hotel industry pulse (HIP) and hotel industry leading indicator (HIL) monthly readings, probabilities of an upcoming recession in the hotel industry, the country’s monthly GDP, a foreign travel leading indicator specific to each market, labour market conditions, inflation, exchange and interest rates, energy prices and other special events.
Tatiana is the news coordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes monitoring the hundreds of news sources of TravelDailyNews Media Network and skimming the most important according to our strategy.
She holds a Bachelor's degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.
