Accommodation Turnover News Today

European hotel industry revenue to slump by 50 percent in 2021 1 week ago Hotel sector’s transaction volume fell by 69% in 2020 to €8.5 billion down from a peak of €27.1 billion in 2019. Substantial effects of the pandemic are expected to affect European hotel performance in 2021 European accommodation turnover to surge by 28% in 2021 Hospitality industry will be among the last to recover from the pandemic For the European hospitality industry, substantial effects of the pandemic are expe...