In 2016, the RevPAR of the global hotel industry is up 1.9%. Although this figure is down with respect to 2015 (+3.3%), these are nonetheless very favorable results: on the one hand because this is the seventh year of continuous growth and on the other because it happened within a context of strong recent growth in the hotel supply.
For more information, see the first part of this article. More specifically concerning the budget and economy hotel situation, one observation deserves additional explanation: globally speaking, the average daily rate of the budget hotel segment surpasses that of hotels positioned on the economy...
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