2006: Good year for Europe`s hotel industry

March 7, 2007 at 11:47 am | Posted in Estonia, Europe, hotels, Latvia, Lithuania, travel | Leave a comment

As countries start to announce tourism statistics for 2006, it becomes clear that 2006 was a good year for Europe`s hotel industry, partly due to such big events as World Cup and Winter Olympics.

HotelBenchmark™ Global Ranking Index 2006

Top 10 rankings in the revPAR GRI

 

 

RevPAR US$

Ranking

City

2006

% change to 2005

1

Venice

211

10.5

2

Paris

199

14.7

3

Dubai

196

14.4

4

Rome

185

13.2

5

Doha

179

20.0

6

London

179

19.1

7

Moscow

176

15.0

8

Geneva

166

8.6

9

Hong Kong SAR

164

20.5

10

Tokyo

161

-1.3

( via ehotelier.com)As You can see Venice and Paris (growth more than 14%) are leaders among the world cities in revPAR GRI 2006. In Top 10 rankings in the occupancy GRI London took the 8th place and is leader among Europe cities with 82.9% occupancy (7% growth from 2005).

2006 was good year for Baltic countries as well:

  • In Lithuania, hotels and guesthouses provided accommodation to 1,1 million guests, rise ~one-fifth versus 2005. Top guest countries: Germany, Poland, Latvia and Russia (via Hotels.com);
  • In Estonia 1,43 million foreign tourists stayed at accommodation establishments which is ~2% decrease compared to 2005. May seem as decline for hotels, but there are good news: more people are staying in spa hotels (Norwegian and Sweden tourists) and more Estonians are using hotels. Main markets: Finland and Germany (via VisitEstonia.com);
  • no statistics for Latvia yet, but should be increase in guest numbers.

What can we expect for 2007? Estonia – more than 2100 additional bed places in mainly four and five star hotels are expected to become available in Tallinn and new hotel in Tartu with 400 beds. New ship connections with Germany and Helsinki will boost tourist arrivals in Tallinn. New flight connections from airBaltics and Ryanair may do the same in Riga. It is supposed that Great Britain`s hotel industry fill focus on brand and service development this year. What`s for other countries?

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