“European hotels during December reported the highest increase in occupancy for any month in 2012,” said Elizabeth Randall Winkle, managing director of STR Global. “The 2.8% occupancy increase, compared with December 2011, is a nice reprieve from the recent monthly performances, which moved compared with the prior year between -1% and +1%. 2012 was the year for (average daily rate) increases, ending with 4.7% increase to €104.24 ($139).”
Read more: Global hotel pulse: Europe news
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