November 2016: Results have improved overall for Europe's hotels

2 min reading time

Published on 21/12/16 - Updated on 17/03/22

lisbonne, quartier alfama, portugal

Compared to November 2015, the sector's European professionals post overall improvement in their results. This upturn may be observed across all sectors and also in terms of occupancy and average daily rates. This positive year-end trend may be explained in part by a comparatively bad year in 2015.

European hoteliers posted a RevPAR up by +4.9% in November 2016, due to a rebound in the occupancy rate by +3.2 points and a stable average daily rate compared to November 2015. All hotel ranges benefit from this improvement, and more particularly the midscale segment that posts a RevPAR up by +6.9%...

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