A month that is particularly strong for the hotel industry as a rule, this September was no exception. Occupancy achieved very high levels, but did not surpass last year’s performance. Backed by the increase in average daily rates, Europe’s hotel industry continues to progress (+4.5%). Although the rhythm is more moderate across twelve cumulated months (+7.0%).
This fall began under the best auspices. Occupancy at Europe’s properties showed no weakening. Last September, the average occupancy rate remained close to 80%. These results the same as last year’s for practical purposes (-0.1 point). During this month of strong activity, hoteliers were able to...
This content is for subscribers only. You have 80% left to discover.
Every week, the HON team brings you an expert look at the world of hospitality.
By becoming a member, you will have access to a complete ecosystem: exclusive content, jobs, etc.BECOME A MEMBER