International tourism in Europe set a new record in 2014. For 2015, ETC expects the European tourism sector to continue growing around its long-term annual average growth. However, dark clouds seem to be gathering over the waters in which the European tourism has been sailing over the past years.
London hoteliers report a 1.8% increase in occupancy to 69.4% for January
The latest digest of hotel performance and transactions across the UK, prepared by HVS London in conjunction with Zolfo Cooper and AM:PM. The UKs hotels saw average RevPAR grow by double digits in the last trading quarter of 2014.
Among the regions key markets, Istanbul, Turkey, reported the largest number of rooms under construction with 4,981 rooms.
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