Analysis
Europe
Trends
Hospitality

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June 2023: European hospitality stays on track

3 min reading time

Published on 21/07/23 - Updated on 04/09/23

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In June, the European hotel industry is maintaining the growth course it recently set, recording a 20.5% increase in activity in terms of RevPAR relative to the pre-crisis period (reference: June 2019). While ADR growth remains unabated (+24.7%), the occupancy gap is widening slightly: still 2.8 points behind vs. June 2019, whereas May's gap had fallen below 2 points vs. May 2019.

All ranges are still "benefiting" from inflation, particularly the upscale segment, which this month posted a growth differential of +30% vs. June 2019, followed by budget (+23.9%), economy (+22.8%) and midscale(+21.7%). While ADRs are clearly ahead, in terms of occupancy, all ranges are below their...

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