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Main » Articles » Real Estate » Hotels

Hotels in Europe raised rates

In May the average price of hotels in Europe increased by 2.2% and the yield per room - at 9.1%.

This was reported in a research report of STR.

According to data in May of European occupancy of hotels has increased on last May from 63% to 67.3%. "The biggest growth of all three key indicators registered in England Birmingham - 19%, 38.6% and 65% respectively.

According to the level of occupancy hotels UK in May 2010 reached 59.5% (for comparison: May 2009 - 51.0%) and cost of living in hotel rooms and yield per room increased by 4.1% and 10.8%, respectively.

The level of occupancy of hotels in Germany during the reporting period amounted to 66.0% (for comparison: May 2009 - 63.8%) and cost of living in hotel rooms and yield per room increased by 7.4% and 11.1%.

Spain hotel occupancy level equal to 64.2% (for comparison: May 2009 - 58,5%), and the price of hotel rooms declined by 2.4%, yield per room increased by 7.1%.

The level of occupancy of hotels in Italy in May this year amounted to 65,5% (for comparison: May 2009 - 59.7%), and the price of hotel rooms declined by 6.7%, yield per room increased by 2.3 %.

The level of occupancy of hotels in Russia amounted to 73.3% (for comparison: May 2009 - 68.8%) and cost of living in hotel rooms and yield per number decreased by 14.9% and 0.6% respectively.

Category: Hotels | Added by: Дмитрий (02.07.2010) W
Views: 504 | Rating: 0.0/0

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