Despite the arrival of the first summer vacationers, Europe’s hotel industry is not back on track. Results throughout Europe the trend of the previous months with a drop in RevPAR by 14.5%
Hoteliers awaited the onset of the summer season anxiously. Would its save them or, on the contrary, accentuate the drop in room revenue? In the end, July kept the pace of a year that began badly with results that were not as good as hoped, but not as bad as feared. The evolution of the room revenue...
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