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September 2020: the European hotel industry falls back

24 min reading time

Published on 23/10/20 - Updated on 17/03/22

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After a slightly better summer, European tourist activity fell back again in September due to limited demand from corporate and individual business customers and to muted MICE & events activity.

After KPIs climbed slightly closer to 2019 standards in August (-36.5 points in OR; RevPAR down -54.6%), September's hotel activity once again slowed down. The occupancy rate was 44.1 points lower than in September 2019 and RevPAR went down by 68.0%. Business and event demand, which usually picks up...

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