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August, a reflection of an excellent year

3 min reading time

Published on 04/10/07 - Updated on 17/03/22

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The summer period was profitable for Europe’s hotels. July ended with growth in the room revenue by 5.9%. August did even better with 7.8% growth in the RevPAR. These good results just might augur an excellent fall.

The results of the month of August are perfectly in keeping with the trend observed over the last twelve months. In fact, the monthly results are quite similar to the trend and remain decidedly favorable to European hoteliers. Last August, the revenue per available room progressed by 7.8% while the...

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