Hospitality-On
In September 2024, the European hotel market exhibited a balanced mix of growth and resilience, primarily fueled by regional and international demand. Across Europe, the hospitality industry posted moderate growth in Average Daily Rates (+1.8%), and Revenue per Available Room (+1.2%), despite slight fluctuations in certain segments…
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Hotel market trends in September 2024: Diverse performance across Europe
In September 2024, the European hotel market exhibited a balanced mix of growth and resilience, primarily fueled by regional and international demand. Across Europe, the hospitality industry posted moderate growth in Average Daily Rates (+1.8%), and Revenue per Available Room (+1.2%), despite slight fluctuations in certain segments…