October 2015: Europe's hotel industry pursues growth

2 min reading time

Published on 25/11/15 - Updated on 17/03/22

Copenhague

While the hotel business has remained dynamic in most European countries in October thanks to the organization of several events on the continent, some destinations have nonetheless shown signs of weakness.

Europe's hotel industry successfully maintained its occupancy rate close to 75% in October, which was 0.9 points more than on the same period the previous year. 4.7% growth in the Revenue per available room (RevPAR), to 72 euros, may nonetheless be attributed to the 3.4% growth in average daily rate...

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