European chain hotels have a more positive business sentiment than independents
Small and independent accommodations have been losing ground to larger chain-operated businesses for a number of years
The latest European Accommodation Barometer confirms this trend. Independent properties score worse across a large number of metrics, including business sentiment, occupancy, as well as average daily rate development.
The European Accommodation Barometer Summer 2023 presents the findings of a survey of European accommodation industry professionals commissioned by Booking.com and conducted by Statista.
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