July 2022: a great summer for the European hotel industry

3 min reading time

Published on 23/08/22 - Updated on 22/09/22

soleil

Despite numerous hurdles (heatwaves, geopolitical and economic crises, lack of staff, etc.) the European hotel industry seems to be overcoming every obstacle in its path. In fact, the month of July shows very positive results in Europe.

Apart from a few countries, the European hotel industry seems to have finally made a fresh start: overall, it is doing well with a RevPAR of 13.9% higher than its pre-Covid level. While performance is being driven by an increase in the average price (while the average price gap was 12% between June...

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