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May 2014: Europe’s hotel climate continues to improve and the sun is shining in the south once more

2 min reading time

Published on 23/06/14 - Updated on 17/03/22

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Bruxelles

The recovery of the European hotel industry observed since the beginning of the year 2014 is confirmed in May. It even shifts into higher gear with all indicators green, compared to the same period last year.

Growth in occupancy rates reached 2.5 points while average daily rates surpass 3%. The Revenue per Available Room for European Hoteliers shows its strongest growth since the beginning of the year, by around 6.8%. The increase in indicators concerns all hotel categories, although the upscale remains...

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