• Munich leads Europe revpar growth

Exhibitions and events helped Munich hotels register the largest year-on-year growth in revpar across European cities in January, according to the latest HotStats survey from TRI Hospitality Consulting.

Growth was driven by exhibitions and events at the Olympiapark in Munich in January which included the 2011 Winter Sports Festival and Audi FIS Alpine Ski World Cup.  "During this period, the Munich hotel market achieved astonishing conference and leisure sector rates, at Eu232 and Eu180 respectively, boosting rooms revenue and profit performance in what is typically a tough trading period," said Jonathan Langston, managing director, TRI Hospitality Consulting. 

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