March 2023: in the South, the European hotel industry is budding, in the North, it is stationary

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Published on 24/04/23 – Updated on 27/04/23

Bourgeon

Since the start of the year, the European hotel market has actually revealed a genuine healing in activity at international level and now publishes a 116% boost in RevPAR in March compared to March2019 This is a motivating outlook at the start of spring, however it is being driven by the Southern Europe when the North East stops working to emerge …

Although tenancy is still listed below 2019 levels (-3.5 points in March), ADRs are still growing ( 175%) and hence, at the international level, the activity is up ( 116% RevPAR).& &; All varieties reveal fairly comparable patterns with RevPAR boosts varying from 9% (in the budget plan section) to 13.1% (in the economy …

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