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Europe, August 2010, the upturn is confirmed

2 min reading time

Published on 05/10/10 - Updated on 17/03/22

After the 9.5% increase registered last July, the European hoteliers have all reasons to be satisfied once the summer is over. Despite a limited rise in tariff, the month of August posted a new progression in Revenue per available room of 5.5%, thanks mostly to the Northern countries.

The Leisure clientele was particularly noticeable during the second month of the summer, but it was very careful in not spending to much. It is an obvious fact that has been experienced by hoteliers all along the month of August. The average daily rates in Budget and Midscale categories post limited...

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