A 5.0% decline in average room rate dropped Mainland Europe hotels’ revenue per available room (RevPAR) 3.2% year-over-year in July, and with total revenue not faring better, gross operating profit per available room (GOPPAR) in the month was down an unsettling 9.4% YOY, according to the latest data. In addition to being the sixth month…
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ZOMWE MUNGACHITE PA NKHANIYI:
- 2% year-over-year in July, and with total revenue not faring better, gross operating profit per available room (GOPPAR) in the month was down an unsettling 9.
- In addition to being the sixth month….
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