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November: skies clearing at the end of the year

2 min reading time

Published on 05/01/10 - Updated on 17/03/22

With the RevPAR down by - 9.3%, the month of November is one of the least disappointing in a very difficult year for Europe's hotel industry. The decline in business seems under control and certain key markets such as the trio United Kingdom - France - Germany are showing signs of improvement.

Upon reading November's results, it is almost time to draw up the year-end results for 2009, which was one of the most difficult in hoteliers' memory. From November 2008 until the end of November 2009, the revenue per available room underwent a drop by -15.6%. Business continued to decline...

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