Hospitality

European Hotel Market—Still Growing

The hotel market in Germany is expected to see a RevPAR (revenue per available room) increase in 2020 despite an economic slowdown that’s impacting occupancy rates, according to an article from HOTELmag’s website. Hamburg is the only German hotel market expected to see an increase in occupancy.

Meanwhile, European hotel investments are reaching close to 16 billion euros ($17.6 billion) after a year-on-year growth of 4.3%. The reason? International investors continue to view markets such as London, Paris and key cities in Germany as a safe long-term investment option for hospitality.

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