Europe’s hotel industry had not seen a drop in its RevPAR since August 2005 (-5.1%).The drop reported this April (-2.6%), although relatively moderate for Europe, nonetheless hides major disparities from one country to the next.This drop was foreseeable, however, and does not alter the overall positive trend that Europe’s hotel industry has undertaken.
It would be difficult for results to be more varied than they were this last April. France and the Netherlands post distinct increases – close to 10% - in their revenue per available room; Germany and Nordic countries reported diametrically opposite results with drops by 15% and more. In this black...
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