European hotel industry headed for a fall in 2013


Skift Take

This is the summer for Southern Europe to figure out how it can get prices to the point where people will be happy to put up with minor inconveniences because they're saving a few Euros.

RevPAR of the European Union collectively displayed a decrease of 1.2%. Growth engine for indicators in 2012, the upscale segment came to its maximum strength and starts to weaken. The downward trend