Analysis
Europe
Trends
Hospitality

plus

January 2024: a slightly chilly start to the year for the European hotel industry

4 min reading time

Published on 23/02/24 - Updated on 23/02/24

Add
janvier 2024 Europe

The first month of 2024 seems to mark a slight slowdown in the performance of European hotels compared with December 2023. However, this year is off to a better start than 2023, with more or less marked growth in all performance indicators. Unsurprisingly, the winter period continues to benefit primarily the countries of Northern and Central Europe, while performance in the countries of Eastern Europe falls in line with temperatures.

The European hotel industry enters 2024 with an occupancy rate of 54.4%, an increase of +1.5 points compared to January 2023 and +21.9 points compared to 2022. While this slight year-on-year increase looks positive for the continent's hotel business, occupancy levels are still down -5.8 points on...

MKG Consulting
Add

MKG Consulting

Press / Research & Studies / Events / Training

  • MKG Consulting Paris
SEE THE NOTE

This content is for subscribers only. You have 80% left to discover.

Every week, the HON team brings you an expert look at the world of hospitality.

By becoming a member, you will have access to a complete ecosystem: exclusive content, jobs, etc.

BECOME A MEMBER

Already a member ?

For further

Every week, the HON team brings you an expert look at the world of hospitality. By becoming a member, you will have access to a complete ecosystem: exclusive content, jobs, etc.

BECOME A MEMBER

Sign up to add topics in favorite. Sign up to add categories in favorite. Sign up to add content in favorite. Register for free to vote for the application.

Already signed up? Already signed up? Already signed up? Already registered?