Is it the cold that paralysed tourists by preventing them from moving around or getting to the old continent? Or did they simply prefer to stay at home celebrating this holiday season with their families? Who knows? Only one thing is certain: European hoteliers ran at a slower pace this month.
The occupancy rate (OR) was stable (+0.0 point) at 62.7% overall, and the average daily rate (ADR) keeps rising up at a steady rate (+1.8%) to €94.00 excluding VAT. Revenue per available room (RevPAR) continues its slow ascent, up +2.7% (€59.00 excl. VAT). As in November, it is once again the Top...
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