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December 2020: European hotels stabilize at a depressed level

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Published on 26/01/21 - Updated on 17/03/22

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December 2020: the European hotel

After a month of November that continued to be marked by a relapse, and the tightening of sanitary measures, December proved to be also a difficult month for the hotel industry in Europe. Still dealing with the "second wave" of the COVID-19 pandemic, the continent remained under strict sanitary measures, although the effects and severity of these policies have somewhat stabilized across the region.

In Europe, hotels' occupancy rates continued to be very low yet slightly higher than in the previous month, reaching 16.1% (-45.8 points compared to December 2019). The average daily rate slightly increased from November as it reached €68 excluding taxes (-28.9% compared to the previous year)...

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