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The year is off to a spectacular start

4 min reading time

Published on 25/04/07 - Updated on 17/03/22

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Europe’s hotel industry kicks off 2007 in the best way. The RevPAR at the end of February was up by 7.0% while January’s by + 10.8 %. These very good results are due to a strong increase in the average daily rate. Within this favorable context, Italy suffers a comparison with 2006, the year of the Olympics in Turin.

The year 2007 begins under favorable conditions for chain hotels in Europe. The first months of the year offer fine hopes for the months to come. In January revenue per available room grew by 10.8%. And February was no exception with renewed double-digit growth. The RevPAR at the end of the second...

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