Grand Prix drove Monaco ADR and RevPAR to record-highs
Monaco hotels hit all-time highs in ADR (EUR 3,944.81) and RevPAR (EUR 1,031.52) in June 2026, fueled by the Formula 1 Grand Prix shifting from its usual May slot.
Press Releases
Bad Bunny and BTS boosted Madrid hotel room rates
CoStar data shows Madrid hit record June ADR of EUR199.97 and RevPAR of EUR164.32, driven by Bad Bunny's 10-night stadium run and BTS's Arirang World Tour shows.
From child-free escapes to 'extreme' day trips: The trends redefining Britain's summer holidays
Booking.com's Summer Getaway Report finds 71% of Brits plan to visit somewhere new in 2026, with same-day international return flights up 62% and average holiday budgets reaching £1,526.
Nearly 80% of Brits are ditching overseas holidays for UK staycations this summer
BWH Hotels GB survey of 2,400+ loyalty members finds flight disruption and geopolitical concerns are driving Brits toward domestic breaks, with local experiences and food topping guest priorities.
Research: three-quarters of Dutch people trade luxury hotel amenities for a lower room price
A survey of 1,000 Dutch hotel guests finds 75%+ prefer lower room rates over unused amenities, with clean rooms, comfortable beds, and pricing transparency ranking as top priorities.
WTTC Brings Global Tourism Leaders to Valletta as Malta's Travel & Tourism Sector Continues to Thrive
WTTC's Global Summit will be held in Valletta, Malta from 7-9 October 2026, as the country's tourism sector is forecast to contribute $4.9B to GDP and support 72,200 jobs in 2026.
French Open drove Paris hotel performance in May
Paris hotels hit record May ADR and RevPAR figures during the French Open, with peak occupancy of 93.4% and ADR topping EUR485 on the final Sunday of the tournament.
Pope Leo XIV’s Visit to Spain Expected to Spark Tourism Surge and Economic Boost
Pope Leo XIV's June 2026 visit to Spain could generate €90–125M in tourism spending, with Madrid alone projected at €73.8M driven by 1.8 million expected attendees.
UK Hotels: Q1 Revenue Growth Isn’t Outpacing Costs
UK hotels posted 2% TRevPAR growth in Q1 2026, but labour costs rose at nearly double that rate, compressing profit margins and widening the gap between revenue gains and operating expenses.
GBTA Welcomes EU Measures to Make Travel Easier to Book, Compare and Manage
GBTA supports new EU legislation requiring integrated booking systems and emissions data for cross-border rail and multimodal business travel.
FIBO 2026 boosted Cologne hotel performance in April
RevPAR jumped 8.7% year-over-year with peak occupancy hitting 96.5% on the trade show's opening night.
Events pushed Barcelona’s April occupancy to 9-year high
RevPAR jumped 10.7% year-over-year to EUR164.93, with occupancy peaking at 95.5% during Bridal Fashion Week and FCE/SeaFood festival.
Spain Becomes Europe’s High-Value Travel Champion as Global Visitor Spend Reaches Record US$2TN
Spain ranks third globally with $130.1B in visitor spending and $1,344 average spend per traveller, outperforming Europe's $1,068 average.
Greek Hospitality Industry Performance - 1st Quarter 2026
Greece's Q1 2026 hotel sector shows mixed performance with Athens RevPAR up 4.5% despite geopolitical tensions and rising operational costs from energy inflation.
MCE, Paralympics, and Fashion Week push Milan hotel room rates to March record
CoStar data shows Milan hotels achieved record March performance with EUR202.42 ADR, driven by Fashion Week, MCE tradshow, and Winter Paralympics.
Paris hotel room rates jumped during eventful March
CoStar data shows Fashion Week and concerts drove record March performance, with ADR reaching €438 and occupancy hitting 88%.
Robust Investor Confidence: 86% of Investors Back European Hotel Investment in 2026
Cushman Wakefield survey of major investors finds Southern Europe and gateway cities most attractive for hotel investment this year.
GBTA Welcomes EU Approval of Package Travel Directive and Exclusion of Business Travel
GBTA supports EU Parliament's exclusion of business travel from revised Package Travel Directive, providing regulatory clarity for corporate travel services.
ITB Berlin 2026: The industry sets an example for dialogue and resilience in uncertain times
The 60th anniversary event generated €47 billion in business deals despite Middle East flight disruptions, featuring Angola as host country and announcing Maldives for 2027.
Milan hotels post highest Winter Olympic occupancy peak since 2010
CoStar data shows Milan averaged 83.4% occupancy during the Winter Olympics, with luxury properties posting RevPAR gains of 321.9% year over year.