European hotels on track for record-breaking year, says Booking.com
Half of European hotels expect 2023 to be the year of the highest revenue in the history of their establishment
The Summer 2023 edition of the Booking.com-Statista European Accommodation Barometer sees a sector that continues its strong recovery from the impact of the COVID pandemic and which is on track to a record-breaking year in many places.
Key takeaways
- Across Europe, 46% of surveyed accommodation businesses expect 2023 to be the year of highest revenue to date;
- Revenue outlook is the most positive in Spain and Greece, where two-thirds of surveyed businesses expect the highest revenue year in the history of their establishment;
- As a result, 59% of beach or seaside establishments expect 2023 to be their record year and almost three- quarters (73%) of 5-star hotels are bound to set a new benchmark.
Get the full report at Booking.com