The renewal of economic activity after the summer noticeably benefited Europe’s hotel industry.Thanks to growth combined with average daily rates (+3.1%) and occupancy (+1.6 points for the occupancy rates), room revenue was up 5.2% in September 2006, a promising month for most countries in the EU. France is at the head of the class this fall with a RevPAR up by 7.1%.
Strategic in more than one way for European hoteliers, September 2006 closes on a very positive note. Room revenue rose by 5.2% for this month that saw business activity resume after the summer season. Like last year- a RevPAR up by 3.6% in September 2005 – Europe’s hotel industry had another...
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