Market Report: Stockholm | hotelnewsnow.com

According to the latest city review by Christie + Co, using data provided by STR Global, Stockholm hotels recorded a 3.1% increase in RevPAR during 2008 compared to the previous year, despite a slight decline in occupancy. After a strong start to 2008, the Swedish capital felt the effects of the economic downturn during the latter part of the year. Preliminary figures for the month of January suggest that the downturn has continued, with RevPAR...