Summer kicked off to a spectacular start for Europe’s hotel industry

4 min reading time

Published on 05/09/06 - Updated on 17/03/22

The summer season started under good auspices. The RevPAR rose throughout the Union by 12.3% with respect to July 2005. Occupancy rates improved by 2.8 points to reach 71.5%. At the same time average daily rates rose by 7.9%. While all categories reported uptrends, growth in the RevPAR is increasingly flagrant as we rise in category: +3.9% in 0* to 15.5% in 4*.

The very good results reported in France (RevPAR up by 10.2%) were part of a trend that benefited the entire European Union. With exception to the Czech Republic, where Prague’s hotels suffered from competition with other Eastern European capitals, all the countries studied saw their revenue per...

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