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Europe’s hotel industry reported positive results in the three key performance metrics during January 2020, according to data from STR.
Budapest reported its strongest ever January in terms of revpar, while Paris saw its highest occupancy.
Europe’s hotels reported a 1.4 percentage point increase on the year, to 58.5%, while ADR was up 0.5% to €101.14 and revpar rose by 1.8% to €59.18.
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