Monthly hotel revenue per available room worldwide 2015-2019, by region

In November 2019, European hotels generated 88.19 U.S. dollars in revenue per available room (RevPAR), making it the second highest RevPAR after the Middle East and Africa. Comparatively, the Asia Pacific region generated the lowest RevPAR with a sum of 71.95 U.S. dollars.

RevPAR

Revenue per available room (RevPAR) is typically calculated by multiplying a hotel's average daily room rate (ADR) by its occupancy rate. The RevPAR generated by European hotels was about 101 U.S. dollars on average in 2018. In comparison, the Asia Pacific region generated the lowest RevPAR accounting for approximately 76 U.S. dollars per available room.

The European hotel industry

In 2018, Southern and Western Europe had average daily rates (ADRs) of approximately 151 and 146 U.S. dollars, respectively, making them the most expensive regions on the continent that year. Eastern Europe has had the lowest ADRs since 2011. Southern Europe also generated the highest revenue per available room (RevPAR) in 2018. The region had a RevPAR of just over 86 euros (around 107 U.S. dollars) in 2018, which is an almost six percent increase compared to the previous year. Southern European countries are also home to the highest number of hotel brands on the continent. Countries, such as Italy, Spain and Greece, each accounted for over two hundred hotel brands in 2019.