The daily hotel performance during the UEFA EURO 2012 football championship across six cities in Poland and Ukraine.

"With just days before the semifinals and final coming up over the next seven days, the hotels can already look back at an overall successful championship", said Elizabeth Randall, managing director at STR Global. "The tournament has been followed by more than four million supporters in the fan-zones, stadiums and even more fans watching on TV. And with most fans commenting on the friendly welcome they received, the promotion of the destinations will be invaluable to the markets. One negative aspect for hoteliers might be the amount of unsold rooms as football fans picked up fewer rooms than expected and as existing business was displaced".

With matches still to be played in Poland and in Ukraine, looking back over the last two weeks shows that hotels, whilst benefiting from the influx of visitors on the night of a game, still had rooms available throughout the championship period.

Euro 2012 – Daily ADR in major cities in major cities [Euro]

Source: STR Global

During the first match in Warsaw on 8 June when Poland played Greece, hotel revenue per available room increased by 325.9 percent to €198.79 compared to the previous year. The RevPAR growth was mainly the result of average daily rate growth; occupancy reached 86.0 percent.

During the next two games, RevPAR increased by 143.9 percent and 425.1 percent, respectively, when occupancy peaked at 96.9 percent Tuesday, 12 June and 90.2 percent Saturday, 16 June. On the night before the quarterfinal between the Czech Republic and Portugal, occupancy on Thursday, 14 June reached 90.8 percent.

In Wroclaw, occupancy was higher than 92 percent during the three matches, and hoteliers benefited from the strong RevPAR growth on both 8 June and 16 June. Interestingly, during the mid-week game between the Czech Republic and Greece on 12 June, ADR growth only increased by 146.2 percent.

This is the lowest ADR growth across all the Polish cities surveyed on a game night. This low growth can be explained by the proximity of Wroclaw from the Czech border—a little more than an hour away—which saw many fans coming on a day trip from the neighbouring country.

Euro 2012 – Occupancy in major cities on match day [%]

Source: STR Global

RevPAR growth started on a high note during the kick-off match in Poznan, with RevPAR increasing to €178.70 (+871.8 percent). RevPAR growth was led by ADR growth (+222.7 percent) and occupancy (+201.1 percent). However, during the subsequent tournament nights, RevPAR growth remained lower as occupancy reached 91.6 percent (+14.3 percent) on 14 June when Italy faced Croatia, and during the last match played in Poznan on 18 June—Italy versus Ireland—occupancy reached 97.4 percent (+57.7 percent); ADR increased by 186.5 percent to €210.17.

Tri-City in Poland, which consists of Gdansk, Gdynia and Sopot, achieved the highest ADR across all the Polish cities during the tournament, with ADR reaching €225.61 (+199.3 percent). The city also managed to keep ADR level close to €220 during the games played there: ADR reached €219.94 (+169.9 percent) on 14 June, €222.46 (+176.5 percent) on 18 June and €240.43 (+219.9 percent) on 22 June.

Although Krakow didn't host any matches, the city has been able to benefit from the tournament. Hotel ADR increased by more than 55 percent since the start of the EURO 2012. Krakow has been hosting national teams and their delegations that chose the city as their base camps. Further, its close proximity to Wroclaw and Warsaw makes Krakow an easy overnight destination for fans on their way to Lviv, Ukraine.

In Kiev, where STR Global currently tracks six Luxury and Upper Upscale hotels, hoteliers faced more challenges during the EURO2012, experiencing a decline in occupancy throughout the tournament, except the night prior to a game. The negative publicity surrounding the political situation and travel concerns seems to have contributed to a large number of unsold rooms.

For hoteliers, however, the increase in ADR during the championship has helped support month-to-date RevPAR growth, increasing by 29.8 percent Sunday, 24 June. This was followed by strong occupancy during Saturday, 23 June and Sunday night on 24 June, when England played Italy.

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