plus

Rebound confirmed in November for Europe’s hotel industry

9 min reading time

Published on 04/01/05 - Updated on 17/03/22

The RevPAR of Europe’s hotel industry progresses by 2.7% in November 2004 thanks to a double leverage effect, occupancy rate and average daily rates.The cumulated RevPAR on 12 months is up by 4%.Aside from the 0* segment whose occupancy rate is down, OR and average daily rates alike are up across the year for all categories.

After a year 2003 that was weak, 2004 should close for European hoteliers with a RevPAR that is generally on an uptrend. In November, occupancy rates and average daily rates of each of the categories were up. The grand prize goes to economic 2* hotels where the RevPAR is up by 8.1% thanks to a 1.5...

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?