September 2015: business clientele return to the benefit of Europe's hotel industry

2 min reading time

Published on 21/10/15 - Updated on 17/03/22

Budapest

Just as summer summer came to an end, business travelers could be observed returning to different European destinations as hotel activity made clear. Paired with the organization of several sports and cultural events, it supported growth in results on most markets.

Throughout the month of September, arrivals at European hotels improved by 1.4 point to reach an 80% occupancy rate. Backed by the 2.6% increase in average daily rate, to more than 100 euros, it allowed 4.4% growth in the Revenue per available room (RevPAR). The latter surpasses 80 euros on a...

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