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August 2019: mixed performance for European hoteliers

3 min reading time

Published on 24/09/19 - Updated on 23/10/24

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The second summer month reflects a less dynamic tourist season than in 2018. However, it should be noted that the summer of 2018 was a period of strong performance compared to 2017. So while the dynamic slows down, it nonetheless remains positive for 10 of the 15 countries monitored.

The overall RevPAR is up +1%, and this increase is mainly driven by the budget segment (+3.4%). While the economy grew +1.1% of RevPAR also thanks to the increase in OR (+0.3 percentage points), mid- and upscale properties experienced a decline in OR by -0.2 and -0.4 percentage points respectively...

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