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November 2019: mediocre results for European hoteliers

4 min reading time

Published on 26/12/19 - Updated on 23/10/24

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Mostly stable hotel performances take shape across Europe, with a few exceptions. Average daily rates continue to progress more rapidly than occupancy.

Europe experienced a mediocre November. Across all segments occupancy was mostly stable, achieving average growth of +0.6 percentage points. Average daily rates increased by +2.7% on average, resulting in an overall RevPAR up +3.6%. Evolution in the budget, economy and midscale segments remained...

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