In 'It's a Wellness World: The Global Shift Shaking up Our Business', Accor's Emlyn Brown explains how exceptional wellness experiences are good for guests, business and the hospitality industry
Mainland Europe hoteliers celebrated a positive start to the last quarter of 2019. October marked the second consecutive month - and third month of the year - of growth in profit per available room compared to the same period last year, according to HotStats data.
Like the three that preceded it, the final quarter of 2019 started with a year-over-year fall in profits per available room in the UK, according to data from HotStats. The 5.3% YOY drop in GOPPAR in October was only surpassed by the 9.4% plunge recorded in April, and marks the seventh month in the year to record a YOY contraction in profits.
For the second consecutive month, hotels in the Middle East & North Africa recorded a year-over-year rise in profit, a positive sign for a region where GOPPAR declines had previously abounded. GOPPAR in October increased 4% over the same month last year, according to data from HotStats. The increase comes on the heels of a strong September, which saw 10.9% YOY growth in the metric.