Usually subject to low or even negative temperatures, the month of December had for the past two years also resulted in freezing results in the hotel industry. The trend was quite different this year: Europe set records for temperatures during the holiday season, and the European hotel industry wanted to follow the same trend! While November showed a slight slowdown in hotel activity, December 2022 once again showed an upward trend.
Overall, the European hotel industry posted a RevPAR in December that was higher than in the pre-crisis period, with growth of +13%, a positive result that is much more encouraging than in the recent past: November showed a gap of "only" +3.5% vs. November 2019. The dynamics still driven up by...
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