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Europe’s hotel industry on the right tracks

3 min reading time

Published on 03/05/08 - Updated on 17/03/22

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The year 2008 is off to an excellent start for Europe’s hotel industry. The month of February proves that the offpeak season is not synonymous with low levels of activity. The RevPAR is up by 6.8%, for a growth rate in keeping with the twelve cumulated months (+6.6%).

After a very satisfactory month of January, Europe’s hotel industry continues the year on a positive note. The revenue per available room rose by 6.8% in February. This traditionally slow month for the hotel industry proved profitable. While occupancy stagnated (+0.3 pt) with respect to a good 2007...

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