February 2014: Europe’s hotel industry continues along the route towards recovery

2 min reading time

Published on 24/03/14 - Updated on 29/06/23

Amsterdam

In February, the economic recovery in Europe is having an increasingly strong felt on the hotel results in the continent, after a good start to the month of January.

The return of a stronger demand is leading to 1.9 points of improvement for occupancy rates at properties, where the OR is almost 60%. Such properties were able to resume increasing their average daily rates, which grew by 0.5% across the month. February thus closes with 3.9% growth in Revenue per...

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