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European hotels know no winter

4 min reading time

Published on 04/04/06 - Updated on 17/03/22

February’s results confirm a favourable trend at this beginning of the year.The RevPAR is up by 3.3% in February with respect to last year.The growth of average daily rates, backed by a more favourable economic situation, explains much of the good performance.The occupancy rate, meanwhile, is down slightly (-0.4%).

Europe’s hotel industry is cold resistant. Room revenue is up by 3.3%. While occupancy is down slightly (-0.4%), average daily rates show clear growth providing reasons for satisfaction (+3.9%). The upscale hotel industry (+4.9%) is the primary beneficiary of this favourable climate. Faced with...

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