Access the main content

Trends

June 2021: In Europe, the hotel industry is ready to take off

With the arrival of the summer season and a semblance of 'return to our previous life', the majority of European countries saw their hotel performances improve in June 2021 compared to the previous month.

After a slight improve in May, June was even more encouraging for European hoteliers. Indeed, the overall occupancy rate at the European level rose significantly to 37.8% in June compared to 25.6% in May. This level, which is still 43.4 points lower than before the crisis, is above last year's performance (+19.4 points).

In terms of range, the mid-range and upper-range segments are of course the most affected, with a decline in RevPAR of 64.8% and 72% respectively compared to the pre-crisis period. However, these trends are less negative than those of May, showing that the hotel sector in Europe is gradually recovering from the crisis.

The UK, France and Luxembourg are among the European countries with the highest occupancy rates, ranging from 42.1% to 48.7%. These latter, as well as Italy, Spain, Portugal, Poland, and Greece have occupancy rates above 30%. In contrast, the occupancy rates of Latvia, Hungary and the Czech Republic do not manage to exceed 20%. In fact, Latvia is the only country to record a decrease in occupancy between May and June (-10.8 points).

In June 2021, France is the country least affected by changes in RevPAR with a 59.1% drop compared to pre-crisis, followed by the UK and Luxembourg with drops of 60% to 62%. In contrast, the Czech Republic still sees a sharp drop in RevPAR in June (-86% compared to its pre-crisis level).

 

Large disparities are still observed within Europe and hotels maintain performance levels well below pre-crisis levels. However, in general, hotel performances are following the same trend with rather encouraging results.

This article was published over a month ago, and is now only available to our Premium & Club members

Access all content and enjoy the benefits of subscription membership

and access the archives for more than a month following the article

Register

Already signed up?

An article

Buy the article

A pack of 10 articles

Buy the pack
Loading...

You have consulted 10 content. Go back home page or at the top of the page.

Access next article.

Sign up to add topics in favorite. Sign up to add categories in favorite. Sign up to add content in favorite. Register for free to vote for the application.

Already signed up? Already signed up? Already signed up? Already registered?