March 2017: Europe's hotel industry leaves its doubts behind

3 min reading time

Published on 24/04/17 - Updated on 29/06/23

cours de justice de l'union européenne, luxembourg, © dominique perrault architecture

Europe's hotels post a new increase in their activity in March. Results are positive across all categories due to a combined increase in indicators.

On a European scale, hoteliers post results that are up in March with respect to the same period in 2016. Their RevPAR (revenue per available room) increased by +7.3%. This growth may be explained by a strong rebound in occupancy rate, by +3.1 points, and an increase in average daily rate by +2.5%...

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