European hotel industry growth still led by France, Benelux and Portugal

The latest ECM-MKG European Destinations Observatory report points out that, in European cities, the Revenue Per Available Room (RevPAR) experienced a 3.9% increase in the first 9 months of 2018. The Occupancy Rate increased by 0.9 points and the Average Daily Rate (ADR) by 2.6%. Midscale and Upscale/Upper Upscale are…