Global
The European hotel sector experienced "an acceleration in recovery" during the first half of 2006
as average daily rate increased 3.3 percent to euro 96.3 and occupancy rose roughly a percentage point to 66.4 percent, according to a report from MKG Consulting. In particular, "A deferment of business travel activity into the second half of the year can be expected in Germany," the reported noted, citing the many meetings and events postponed due to the football World Cup.