MKG REPORT SEPTEMBER 2022
September allows the hotel industry to enjoy the last summer's leisure tourists and the first corporate clientele. As a result, some countries are doing better than others. Here is an overview of performance in the European hotel industry in September.
At the same time last year, the hotel industry was still searching for its business and international clientele.
This year, that seems to be away: in September, the European hotel industry posted a RevPAR higher than before the crisis, with an +12.2% growth. The average price, which had already moved into the green recently, now stands at €101, which is +17.5% higher than September 2019, and the European-wide occupancy rate is now only 3.7 points below its pre-Covid standards.
The full MKG report for September 2022 is available