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September in Europe, business is still disappointing

2 min reading time

Published on 02/11/09 - Updated on 17/03/22

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The European hotel industry is keep up with the pace of decreased performances, around -15% in RevPAR. The month of September, a good indication of the economic climate with its large majority of business clientele, has not posted a real improvement, especially on the ADR side.

The European hospitality market in September demonstrates a form of stabilisation of its global performances. But it is not satisfactory. The Revenue per available room drops by 15,4% pour the month only and by 15.3% for the rolling period of the last twelve months. Eventually, the return to...

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