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Worldwide hotel activity report : Europe is lagging

3 min reading time

Published on 18/06/14 - Updated on 17/03/22

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In 2013, the global hotel industry confirmed its good resistance to the crisis with a fourth year of growth in the RevPAR in a context of strong growth in the supply. Nonetheless, Europe lags behind in terms of performances. Upscale segments show the best results due to growth in average daily rates.

This year once again the hotel industry demonstrates its dynamism and the importance of its role in the global economy, proving itself to be a potential source of growth for certain markets that are experiencing difficulty. Despite the tension and political instability that reign in different areas...

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