February 2016: Europe's hotel industry accelerates growth

3 min reading time

Published on 29/03/16 - Updated on 17/03/22

Madrid

After slight improvement in the sector's indicators on the month of January, Europe posts stronger growth in its hotel performances in February. While several destinations, such as France, report an ongoing negative impact on tourism from the terrorist attacks in November, others benefit from clientele avoiding destinations in North Africa.

February was generally positive for Europe's hotel industry, which showed new growth by 3.1% in the Revenue per available room (RevPAR) at properties on the continent. The RevPAR thus reached 53.6 euros, driven by 0.6 points growth in the occupancy rate and by 2.1% growth in the average daily rate...

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