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Europe - November 2011: first signs of a slump

2 min reading time

Published on 29/12/11 - Updated on 17/03/22

In October, the first negative values in change in the RevPAR left an impression that the hotel cycle in the European Union had leveled off. The hope was that it would remain in the upper levels it had reached as long as possible before beginning to drop.

The perspective of a trend inversion is being confirmed with the appearance of an initial drop in the United Kingdom, Austria, Italy and Portugal and a slump in growth in Germany and Spain. But Europe does not present a uniform landscape and some countries, on the contrary, are experiencing a growth...

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