European hotel performance: the best of both worlds in September
📍 European hoteliers see a performance boost at the start of the school year. RevPAR rose 2.9%, led by the upscale and luxury segment with a 5% increase. The midscale segment saw a 2.2% rise. Average daily rates increased by 1.5%, below the eurozone's September inflation of 2.2%. EU inflation was 2.6%. Occupancy improved by 1.1 points, notably by 1.7 points in the upscale and luxury sector.
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