German Hospitality Recording A Rebound
June 01, 2010 - 12:00 AM ET
By David Meyer
The German hotel market showed strong growth in April 2010 as the country recovered from recession, according to TRI Hospitality Consulting, which noted more than a 6 percentage point rise in room occupancy from the same month one year ago in Düsseldorf, driving a 62 percent growth in revenue per available room. Frankfurt had 69 percent RevPAR growth.
"As the German economy continues to grow gradually," said David Bailey, TRI's managing director, "we are likely to see continued year-on-year increases in performance levels. These increases are, however, from a very low base and it is important to see them in this context."
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