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Europe: A promising return to business

4 min reading time

Published on 19/11/05 - Updated on 17/03/22

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Thanks to growth in average daily rates by nearly 3%, Europe’s hotel industry posts net growth in its RevPAR (+ 3.6%). September, which marks a recovery for the economy after the summer pause, constitutes an encouraging return to business for nearly all the European countries.

September marks a recovery for the economy throughout Europe. The global RevPAR posts growth by 3.6%, which is higher than the average across the last twelve months (+2.1%). The net growth of average daily rates alone explains these good results (+ 2.9%). Occupancy rates are, in fact, pretty much...

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