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February 2005 saw a continuation in European recovery

4 min reading time

Published on 05/04/05 - Updated on 17/03/22

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February results confirmed a promising start to 2005 for the European hotel industry. RevPAR of the 25-nation EU for the month of February 2005 was up over last year (+2.8%).The aggregate RevPAR over 12 months continued advancing (+4.5%) due to the double influence of occupancy rates (+1.2%) and average daily rates (2.7%).

February saw a generally positive situation for the European hotel industry: monthly results were up, with a 2.8% rise over February 2004. This encouraging performance varied by category. The highest increase occurred in the 2* category, with a 7.1% rise to 42.8 euros, resulting from the combined...

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