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The european hotel industry flirts with a new record

2 min reading time

Published on 14/05/07 - Updated on 17/03/22

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With growth in the RevPAR by 11.8% on 12 months running, in April European hotels come close to the previous record set in 2000 (+12%)! Monthly performance is excellent (+8% for the RevPAR). Particularly on the mid and up market ranges

April 2007 is resolutely improved over 2006 (+8%) for Europe’s hotel chains. Good rate management, showing strong growth in April (+8.7%), allows European hotels to post their 12th consecutive month of growth in the RevPAR. This optimization of rates largely compensates the slight drops in occupancy...

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