January 2014: Europe’s hotel segment in a good position

2 min reading time

Published on 27/02/14 - Updated on 29/06/23

Budapest

After a month of recovery in December 2013, Europe’s hotel sector continues along a growth curve at this beginning of the year 2014.

Overall, the Old Continent was able to make its activity indicators progress to improve its Revenue per available room (RevPAR) by 0.7%. This result may be accounted for by the 1 point increase in properties' occupancy rates, which compensate the 1.2% drop in average daily rates. The upscale segment...

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