STR: EMEA hotels report mixed bag for January
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2019-02-27
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Abstract
Europe’s hotel industry reported mostly positive results in the three key performance metrics during January, according to the latest data from STR. From January 2018 to January 2019, Europe as a whole saw a 0.1 percent drop in occupancy to 58.1 percent, but average daily rate (ADR) increased 2.5 percent to €99.56. Revenue per available room (RevPAR) increased 2.4 percent to €57.8...