STR: flat occupancy with increases in ADR and RevPAR for Athens

The European hotel industry recorded positive April 2016 results in the three key performance metrics when reported in euro constant currency, according to data from STR. Compared with April 2015, Europe reported a 3.5% increase in occupancy to 71.4%, a 3.8% rise in average daily rate to EUR109.54 and a 7.4% lift in revenue per […]

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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 […]

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London on the verge of a new occupancy record in 2015

In the third quarter this year, the British capital welcomed 5.2 million international visitors, or 5.9% more than during the same period in 2014. London should end there year 2015 with tourism following a positive trend. The British capital showed a new increase in international arrivals by 5.9% in the third quarter of the year, […]

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