Tag: Netherlands

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Ryanair welcomes EU court ruling on Air France-KLM state aid

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-Ryanair welcomed the EU General Court’s ruling that the €3.4 billion Covid-19 state aid granted by the Netherlands to Air France-KLM in 2020 was illegal. This is the second time that the EU General Court has ruled that the aid package in question is illegal, after the Commission failed to correct the errors made in […]

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STR: Europe hotel performance for April 2020

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Reflecting the impact of the COVID-19 pandemic, Europe’s hotel industry reported unprecedented performance lows during April 2020, according to data from STR. Euro constant currency, April 2020 vs. April 2019 Occupancy: -84.6% to 11.1% Average daily rate (ADR): -30.1% to EUR77.52 Revenue per available room (RevPAR): -89.2% to EUR8.58 The absolute occupancy and RevPAR levels were […]

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