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March 2018: wide trend gaps in hotel business between European countries

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Published on 02/05/18 - Updated on 23/10/24

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This month, all indexes were green for the hotel industry in western and southern Europe. Instead, Germany, Luxembourg, Austria and Poland show slight slumps in the RevPAR, primarily due to the different Easter vacation calendar in Germany.

European hotels had signed +4.7% growth in the RevPAR in January, then +5.5% the following month. In March, the dynamic remains positive at +3.4%. This growth may be better explained by the +2.6% price inflation bringing it from 90.9 to 93.2 euros excl. VAT, than by the 0.6 point increase in...

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