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April 2018: the business supply in full expansion in Europe’s hotel industry

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Published on 25/05/18 - Updated on 23/10/24

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For the fourth consecutive month, the European hotel business recorded an increase in RevPar compared to the same period last year: +5.3% in April, after 3.4% increase in March and 5.5% in February.

This growth is mainly explained by prices, which rose sharply (+4.5% on average), from 92.3€ to 96.4€, while the occupancy rate increased slightly (+0.6 point), even decreasing for budget hotels (-0.5 point). The midscale segment benefited the most in April, with a 7.4% increase in RevPAR, thanks in...

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