October 2014: the year looks like a good one for Europe’s hotel industry

3 min reading time

Published on 27/11/14 - Updated on 17/03/22

Budapest, Hongrie

Underway for several months already, the recovery of Europe’s hotel industry is getting stronger as the year 2014 continues. Southern Europe is on the rebound, and what’s new is that all European countries without exception are following a positive or null trend for 2014 on the first 10 months of the year.

Hotel occupancy on the continent continued to rise in October, especially in the southern part of the continent. Generally surpassing 74%, the occupancy rate at properties rose another 1.9 points, which constitutes a particularly significant rebound. This rebound in demand allowed hoteliers to...

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