Europe Vacation Real Estate News
Europe Vacation
London Hotel Market Endures Occupancy Dip in Late 2019
Based on new data by HVS London, AlixPartners and STR, London hotels saw RevPAR growth of 0.9% in Q4 2019, to £135.25 compared with the previous year.
Russian Hotels Enjoyed Occupancy Boost from FIFA World Cup 2018
"FIFA World Cup 2018 had the desired effect: the number of guests in hotels of cities that are traditionally in demand by Russian and international tourists has increased this summer. In Saint-Petersburg, for example, the occupancy broke a three-year record with market average result of 88%
Paris Hotels Back on Track After Rocky Start in 2019
In 2018 hotels in the city saw a 10.6% increase in RevPAR [rooms revenue per available room] year-on-year, but visitor numbers took a knock at the end of the year and the start of 2019 with the unrest caused by the 'gilets jaunes' movement.
London Hotels Enjoy Revenue Boost from Sporting Events in Mid-2019
According to HVS London, AlixPartners and STR, London hotels collective RevPAR rose 6% in Q2 2019 on the back of visitors traveling to the capital to watch the ICC Cricket World Cup and the Major League Baseball.
