Expense uptick pulls profit of hotels in Mainland Europe down

Mainland Europe hotels have seen better months. A 5.0% decline in average room rate dropped RevPAR 3.2% year-over-year in July, and with total revenue not faring better, GOPPAR in the month was down an unsettling 9.4% YOY, according to data from HotStats.

In addition to being the sixth month of YOY G...