PwC European cities hotel forecast 2018 & 2019
European cities saw unprecedented hotel performance in 2017. Almost all the cities in our latest forecast are expected to see further growth in 2018 and 2019. Strong demand has propelled some into the spotlight yet again.
Which cities are best placed to grow in 2018 and 2019?
In 2018, Porto leads the growth pack with over 10% RevPAR (revenue per available room) growth anticipated; Amsterdam, Lisbon and Prague could see around 7% RevPAR growth and further robust gains are expected in Milan and Paris. Geneva and Rome are also forecast to see some moderate growth. But the pace of growth is expected to slow in London in 2018, as the weak pound effect fizzles out and a supply spike dampens occupancy. Paris has shown sustained recovery and shares the top spot on the growth chart in 2019 with Lisbon, with around 6.5% RevPAR growth expected for both cities.
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