STR: Europe hotel performance for Q1 2016, March 2016
The European hotel industry recorded positive results in the three key performance metrics when reported in euro constant currency, according to Q1 2016 data from STR. Compared with Q1 2015, Europe reported a 0.8% increase in occupancy to 61.1%, a 2.3% rise in average daily rate to EUR102.98 and a 3.1% lift in revenue per […]
Continue Reading