Economy
Hotel occupancy reaches 89% recovery rate since Covid
An estimated 700 million tourists travelled during the first three quarters of 2022, an increase of 133% compared to the same period in 2021
European hotels welcomed almost 70% of the world’s travellers, with hotel occupancy reaching an 89% recovery rate relative to 2019 levels, according to JLL Hotels and Hospitality’s latest ‘Global Hotels Investment Outlook’.
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