In July and August, Europe’s hotel industry posted the best monthly results since summer 2000.The RevPAR rose by 11.3% in August and 12.3% in July.The acceleration of the recovery that marked the end of the first semester continued at the beginning of the second semester….And the outlook remains excellent!
August confirms the trend reported in July. The summer season will have been particularly successful for Europe’s hotel industry. The occupancy of European properties is on an uptrend (+2.4 points) and the global RevPAR posts an 11.3% increase over last year. The upper categories fully benefit from...
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