The European hotel industry saw positive results across the three key performance metrics in July 2015, according to STR Global. Compared to July 2014, there was a 5.1 per cent increase in occupancy at 77.3 per cent, an eight per cent increase in average daily rate (ADR) to EUR117.70 and a 13.5 per cent increase in revenue per available room (RevPAR) to EUR90.93.
Individual country figures included: Austria with a 4.7 per cent increase in occupancy to 77 per cent as well as double-digit growth in ADR (+13.5 per cent to EUR93.20) and RevPAR (+18.8 per cent to EUR71.79); Germany saw a 3.2 per cent increase in occupancy to 72.9 per cent, a 5.2 per cent rise in
ADR to EUR90.24 and an 8.6 per cent increase in RevPAR to EUR65.74; Germany saw occupancy (+9.7 per cent to 83 per cent), ADR (+5.9 per cent to EUR82.61) and RevPAR (+16.2 per cent to EUR68.57); Spain saw a 5.2 per cent increase in occupancy to 66.6 per cent, a 14.2 per cent rise in ADR to EUR86.89 and a 20.2 per cent increase in RevPAR to EUR57.90; France saw occupancy (+2.4 per cent to 86.9 per cent), ADR (+9.4 per cent to EUR274.60) and RevPAR (+12 per cent to EUR238.68).
The European hotel industry saw positive results across the three key performance metrics in July 2015, according to STR Global. Compared to July 2014, there was a 5.1 per cent increase in occupancy at 77.3 per cent, an eight per cent increase in average daily rate (ADR) to EUR117.70 and a 13.5 per cent increase in revenue per available room (RevPAR) to EUR90.93.
Individual country figures included: Austria with a 4.7 per cent increase in occupancy to 77 per cent as well as double-digit growth in ADR (+13.5 per cent to EUR93.20) and RevPAR (+18.8 per cent to EUR71.79); Germany saw a 3.2 per cent increase in occupancy to 72.9 per cent, a 5.2 per cent rise in
ADR to EUR90.24 and an 8.6 per cent increase in RevPAR to EUR65.74; Germany saw occupancy (+9.7 per cent to 83 per cent), ADR (+5.9 per cent to EUR82.61) and RevPAR (+16.2 per cent to EUR68.57); Spain saw a 5.2 per cent increase in occupancy to 66.6 per cent, a 14.2 per cent rise in ADR to EUR86.89 and a 20.2 per cent increase in RevPAR to EUR57.90; France saw occupancy (+2.4 per cent to 86.9 per cent), ADR (+9.4 per cent to EUR274.60) and RevPAR (+12 per cent to EUR238.68).