Hotels in Venice top of the tree for revenue

Hotels in Venice are making more money per room than hotels in any other cities in the world. As Travel Daily News http://www.traveldailynews.com reports, Venice was the best performing market in 2004 in terms of revenue per available room (revPAR) for the second year in a row, according to the HotelBenchmark Global Ranking Index (GRI) at Deloitte http://www.deloitte.com . The GRI compares the performance of 165 global cities outside North America on a daily basis. Paris moved back to number two, the city's best performance in the last five years, despite always featuring within the top five rankings.