Airport Hotel Performance in Europe Skyrockets

According to daily data from STR Global, hotel performance at select European airports showed increases in occupancy and average room rate compared with the same week last year, as the cloud of volcanic ash grounded air travel and stranded travellers throughout the continent.

RevPAR grew in double-digit figures for the week of 11 to 17 April 2010 compared with the same week last year, which included the Easter holidays (10 to 13 April 2009). RevPAR at Gatwick grew 40%, Amsterdam Schiphol 69%, Heathrow 70%, Stockholm Arlanda 75%, Brussels Airport and its surroundings 137% while Frankfurt Rhein-Main Airport's RevPAR grew a staggering 369%.

Four out of the six airport locations achieved occupancy levels of more than 90% for Thursday (15 April). Occupancy declined for the following three nights, as people found alternative lodging / travel methods or returned home.

 Frankfurt's Rhein-Main Airport's strong performance in the early half of the week was due to the biennial trade fair "Light + Building", which took place 11 to 16 April 2010.

ADRs also showed strong growth, especially in the major hub locations in Frankfurt Rhein-Main, Heathrow and Amsterdam Schiphol.

See Other: Volcanic Ash / Flight Delays - Updates

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