• London hotels continue to lead Europe

London hotels remained the most profitable in Europe in November, according to the latest HotStats survey by TRI Hospitality Consulting.  

The capital saw year-to-date profit conversion at approximately 50% of total revenue, compared to a profitability conversion of approximately 32% in Paris, 29% in Madrid and 25% in Rome. David Bailey, deputy managing director, attributed the results to "a strong business mix driving revenues and astute management controlling costs".

See the full release here:
http://www.trihospitality.com/Home.aspx?pID=82-0

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