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May 2020: a dim light at the end of the tunnel

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Published on 23/06/20 - Updated on 23/10/24

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Dark tunnel

After passing through a nadir in April, the European hospitality industry is still deep in the red, although some degree of stabilization was attained this month. With the unfreezing of some markets by the end of May, some very modest improvements have been recorded.

OR managed to climb a little (6.8%), yet this level still represents a decline of 67.8 percentage points with respect to May 2019. Prices are down by 38.6%, totaling 64.1 euros excluding tax, which led to an overall RevPAR of 4.4 euros excluding tax. A decrease of 94.4% compared to the previous year...

Trends Europe May 2020Infogram

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