The Hotel survey report conducted by Deloitte is available for download as a pdf.

The BOV MHRA Hotel Survey

"The increase in arrivals reported in the last couple of months of 2006 and the first quarter of 2007 are encouraging… Over the coming months, we must step-up our collective efforts. We must take the correct decisions which will enable us to accellerate the increasing trend in arrivals, reverse the negative trends of declining guest nights, boost the rather stagnant CIT business, give a much needed boost to the ailing 3-star sector and improve the overall long-term profitability of the hotel industry." said Mr Josepf Formosa Gauci, MHRA President.

Q1 2007 Key Highlights

Tourism Indicators:

Tourism arrivals during Q1 were 7% higher than last year. At 173,564, tourist arrivals were the highest they have been in the past five years. MIA statistics up to April show that airport volumes are 6% up on last year with the highest increase of 11% being registered in March. On a negative note, guest nights generated for Q1 are down by 3.5%, with an average length of stay of 9.8 nights or 3.5%,with an average length of stay of 9.8 nights or 0.94 nights less than last year. Notwithstanding the decrease in guest night generated, total expenditure for Q1 increased by 9.9%.

Hotel Key Performance Indicators:

Occupancy levels for the first quarter of the year increased in all three categories. 5-star and 4 star hotels registered an increase of 1.8% and 16.4% respectively whilst 3-star hotels only managed an increase of 0.4%. AARR for 4-star and 3-star hotels increased over the last year and reached a 5-year high for the quarter. 5-star hotels reported a 2.4% decrease in AARR. All hotels categories experienced a decline in revenue from food and beverage activities.

Hotel Financial Results

Although all hotel categories registered a Gross Operating Less per available room for the quarter, the loss per room was less than that reported last year.