Media European Hotel Industry Thrives: November Shows Robust Occupancy Rates and Attractiveness of European Destinations
 
 

European Hotel Industry Thrives: November Shows Robust Occupancy Rates and Attractiveness of European Destinations

2024-12-23 17:24:46| Hotel Resource

Seven of the 16 destinations studied reported over 74% occupancy in November, with Portugal leading the southern European region.


Category: Hospitality

 

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Tech Giant Prosus to Purchase Latin America's Top Online Travel Agency, Despegar for $1.7bn

2024-12-23 17:12:13| Hotel Resource

Global technology company Prosus is set to acquire Despegar, the leading online travel agency in Latin America, for $1.7 billion. The acquisition will be at $19.50 per share, marking a 33% premium on the share price as of December 20, 2024.


Category: Hospitality

 

October 2024: European Hotel Market Trends Show Stability and Growth Amid Challenges

2024-12-23 17:07:37| Hotel Resource

The European hotel market experienced moderate growth with overall stability in October 2024, particularly in Southern Europe and major cities. 


Category: Hospitality

 

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