Opérations
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March 2014: Europe’s hotel industry shines

2 min reading time

Published on 23/04/14 - Updated on 17/03/22

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Like spring, the recovery is taking hold in Europe and hotel industry performances are warming up on the continent. The continental climate is proving favorable to the sector and the month of March is confirming the uptrend observed since the beginning of the year, with new growth in hotel indicators comparison last previous year.

On the period, occupancy rates at properties remained at levels showing slight improvement over 2013 (+0.9 point change in occupancy rate) while average daily rates grew by 1.4% and are now more than 85 euros. Across Europe, industry professionals were thus able to improve their Revenue per...

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