Analysis
Europe
Trends
Hospitality

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January 2023: European hotel industry marked by significant disparities

3 min reading time

Published on 20/02/23 - Updated on 20/02/23

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Although Europe is facing a difficult context with unprecedented inflation rates and political conflicts, tourists are maintaining their holidays on the continent but the situation now reveals disparities between destinations. While Southern Europe is performing well, Northern Europe is once again facing declining results.

Overall, the European hotel industry posted a higher RevPAR in January than before the crisis, with growth of +3.8%, a positive result but less significant than December's performance, which showed a gap of +13% compared to December 2019. For several months now, the dynamic has continued to be...

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