Going from strength to strength - Extract from the European Performance Review

Even without as many sports and cultural highlights in 2007, hoteliers in Europe will feel pleased with this year’s performance so far. Year-to-August revPAR increased 6.9% to €78. Although the pace of growth is marginally slower than the 8.5% seen in the same period last year, it is still impressive given the lack of events throughout the region. While Athens hosted the UEFA Champions League Football, France hosted this year’s Rugby World Cup,...