STR Global Posts January 2010 Results for Europe
The European hotel industry posted mixed results in year-over-year results when reported in U.S. dollars, euros and British pounds for January 2010, according to data compiled by STR Global.
Figures for occupancy, average daily rate and revenue per available room ranged from double-digit losses to double-digit gains, depending on the market and the currency used for comparison.
Year-over-year January 2010 figures for Europe (U.S. dollars, euros and British pounds):
Source: STR Global
'Europe, like the Asia/Pacific region, is one of only two world regions that reported growth in occupancy for all their respective sub regions', said Elizabeth Randall, managing director of STR Global. 'Whilst European occupancy stands at 48.2 percent
