An international jury comprising of four international experts, accompanied by IGCAT’s President, Diane Dodd PhD considered the application of Catalonia for the title World Region of Gastronomy 2025. After reviewing the bid book submitted on 31st January 2023, the jury visited the region, 8-12 May 2023. The aim of the visit was to assess the […]
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London hotel average daily rate (ADR) and revenue per available room (RevPAR) came in higher than the 2019 comparable for an eighth consecutive month, according to preliminary December 2022 data from STR. Occupancy: 76.8% Average daily rate (ADR): GBP206.87 Revenue per available room (RevPAR): GBP158.89 London’s ADR and RevPAR levels were up 31.0% and 25.1%, […]
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Based on the monthly hotel performance survey conducted by GBR Consulting on behalf of the Hellenic Hotel Federation, the Greek hotel sector showed during Q3 2022 a decline of the number of room nights of 5 – 7%, while the revenue index showed an increase of 19% compared to the same period of 2019. YTD […]
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Riyadh’s hotel industry reported higher occupancy than the month prior, but lower room rates, according to preliminary June 2022 data from STR. According to STR data: • The occupancy rate was: 56.5% • Average daily rate (ADR): SAR580.61 • Revenue per available room (RevPAR): SAR328.17 While ADR and RevPAR fell month over month, each of […]
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This has been another challenging year for our societies, our economies and tourism. Many millions of jobs and businesses remain in peril, at the mercy of an evolving crisis and of the actions of governments. However, we are by no means in the same place we were when the pandemic was declared in March 2020. […]
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Amid rising COVID cases and subsequent restrictions, Berlin’s hotel industry reported lower occupancy but higher room rates, according to preliminary November 2021 data from STR. Occupancy: 57.4% Average daily rate (ADR): EUR92.45 Revenue per available room (RevPAR): EUR53.09 The occupancy level was the lowest in the market since July and roughly 30% lower than November […]
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European hoteliers had been hoping the pickup in vaccination rates and progressive removal of health restrictions would boost demand this summer, as it did in 2020. Wish granted: hotel activity accelerated (+68.0% in RevPAR between July 1 and August 21 compared to 2020 marks), even though it remains well below pre-COVID standards (-31.8% compared to […]
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Aspiring to offer a rich entertainment programme according to the needs of its guests, Mitsis Hotels, Greece’s largest privately-owned hotel chain, partners with the Real Madrid Foundation, hosting a football coaching programme for its young guests staying at its hotels in Rhodes in 2021. The Group has already announced the launch of season 2021 with […]
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Reflecting the impact of a second lockdown, Europe’s hotel industry reported much lower performance levels from the prior month, according to November 2020 data from STR. Euro constant currency, November 2020 (percentage change from October 2019) Occupancy: 21.3% (-70.4%) Average daily rate (ADR): EUR72.42 (-32.3%) Revenue per available room (RevPAR): EUR14.42 (-81.2%) Amid continued COVID-19 […]
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Reflecting a post-summer lag in demand, Europe’s hotel industry reported slight performance decreases from the prior month, according to September 2020 data from STR. Euro constant currency, September 2020 (percentage change from September 2019) Occupancy: 38.9% (-51.7%) Average daily rate (ADR): EUR90.78 (-27.2%) Revenue per available room (RevPAR): EUR35.31 (-64.8%) Each of the three key […]
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