Portuguese hospitality is second year – PressTUR

Portuguese hospitality is second year – PressTUR

  Presstur 16/02/2015 (17h27)
 
  The Portuguese hospitality again had in 2014 an average revenue increase for the overnight stay, on the achieved in 2013, but without exceeding the values ​​achieved in the years 2007 to 2011, being always above 48 euros, while last year was about 47.8.
The best value of average revenue per overnight stay remains the 2008 with 50.08 euros, which allowed the Portuguese hospitality have income of 1.9646 billion euros to 39.227 million overnight stays.
 
In the face of this year, in 2014, the Portuguese hotel had over 239.5 million euros of income, but to achieve the needed another 6.92 million overnight stays, which allows to calculate that each of these ‘new nights’ generated an average return of 34.61 euros, about 13 euros less th an was the average income of the year.
 
What counts, however, is not the average revenue per overnight stay alone, but combined with the occupancy and about this matter than last year, according to the INE, the RevPAR (average revenue per available room rooms ) reached 33.1 euros, after 30.1 euros in 2013, 27.2 euros in 2012 and 29.3 euros in 2011, according to provisional figures published by the Institute at the time.
 
On average revenues per overnight stay, the only value which is reached because the INE does not publish quarters of occupancy rates or average price in stores, unlike, for example, its Spanish counterpart, last year average income of rooms for the overnight stay was 33.71 euros, the second best annual value, very close to the year 2008, in which stood at 33.75 euros, up 33.16 2011.
 
Thus we conclude that which penalized the evolution in the average revenue per overnight stay in 2014 were additional services, from fo od and beverage to communications, whose average revenue per overnight stay was the lowest since 2004, with about of 14.05 euros, below the 16.33 of 2008 and also the 15.17 2011.
 
Reducing the average stay is one of the factors leading to lower average spending per overnight stay and last year there was a decrease by 0.9% to 2.87 nights.
 
INE data can be calculated that between 2004 and 2014, overnight stays in the Portuguese hotel industry increased at an average annual rate of 3.1% and the total income rose 3.5%, the increase in 3.9% of income of the room while the other revenues were up by 2.6%
 
So, the average revenue per overnight stay grew at an average annual rate of 0.4% during the last decade, but the increase in 0.8% of the average income of lodging income, while in other income was a decrease of 04%.
 
These trends also are apparent when we see that between 2005 and 2014 the contribution of other income to tot al revenues of the hotel lowered in the order of 33%, with a maximum of 33.8% in 2005 to less than 30% in 2013 (29.9%) and fell again last year, ranking 29.43%.
 
 

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 Portuguese hospitality added 11% more overnight stays with 12% of guests in 2014

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