PropertyEU

Profitability vacates European hotel sector, in 116% decline

By Isobel Lee 2020-04-28T00:00:00

Vacancies

The profitability of hotel rooms in Europe during March declined by a record 115.9%, according to new data from HotStats, marking the biggest year-on-year decline since April 2009 and the height of the global financial crisis (GFC).

You have now reached your article limit

Already have an IPE Real Assets account? Sign in

PropertyEU has merged with IPE Real Assets

If you had a PropertyEU account, simply reset your password to get access to IPE Real Assets.

New users can Register for free today for access to the PropertyEU Archive and IPE Real Assets.

Register today

Registration also includes access to IPE

Gated access promo

Five reasons to register today

  1. Access IPE Real Assets articles
  2. Daily news alerts and updates
  3. Track what the world’s leading institutional investors are doing
  4. Learn about the latest industry research and market analysis
  5. Comprehensive archive of data and intelligence on investors and fund managers, including the PropertyEU Archive
SEE HOW IPE REAL ASSETS CAN HELP YOUR business