Times of Malta 10/06/2014: Malta's tourism sectors continue to report improvements on most key performance indicators in the first quarter of the year compared to the same period last year.
The BOV-MHRA Survey Q1 2014, carried out by Deloitte, showed that all
sectors reported reductions in their low season gross operating losses.
In the five-star sector the gross operating loss per available room
decreased by 46.5 per cent mainly as a result of improved rates (a 4.8
per cent increase in average room rate) and occupancy (an increase of
almost 12 per cent).
Four-star hotels registered a 16.6 per cent reduction in gross
operating losses resulting from an increase in average room rate (8.3
per cent) but a one per cent drop in occupancy.
The three-star sector also saw a reduction on gross operating losses
of 26.2 per cent resulting from a 9.4 per cent increase in occupancy but
a drop of 1.6 per cent in average room rate...read on.