While it started the year off well, the European hotel industry is being held back by a declining RevPAR this month.
After recording a positive change in RevPAR by +3.4% in March and +5.3% in April, the European hotel industry is facing an initial mild blow by posting -1.1% on the indicator. All segments saw a decline in their occupancy rate, leading to an overall drop by -0.9 point. The midscale and upscale...
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