For the first three months of 2015, hotel occupancy rates on the continent rose by 3.3 points, despite Average Daily Rates (ADR) being up to 2.4%. The Revenue per Available Room (RevPAR) naturally evolved on a positive tangent by 5.8% over last year in the same period.
Hilton Worldwide today opened the iconic Reichshof Hamburg hotel, adding another exceptional hotel to its growing global brand, Curio A Collection by Hilton. The grand, central Hamburg hotel, operated by Event Hotelgruppe, is the brands first hotel in Europe.
Another crucial step for hotels in Europe to regain control over their offer
Hotel Prices up to 21% cheaper in GBP; 15% more expensive in Euros
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