Bucharest Hotel Occupancy Rate Seen 10% Higher In 2011 - financiare.ro
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News » February, 2011 » 13 February 2011

Bucharest Hotel Occupancy Rate Seen 10% Higher In 2011
13.02.2011, 15:48 | Travel | 1164 views



The occupancy rate of Bucharest's three- and four-star hotels will rise this year by about 10%, having increased in 2010 to 42% from 39%, according to the Bucharest Benchmarking Report, developed by consulting firm Fivestar Hospitality.

The report says the occupancy rate of Bucharest's four-star hotels increased to 46% in 2010, from 42% in 2009, while the average fee dropped to EUR51 from EUR63. In three-star hotels, the occupancy rate grew to 39% from 37%, while the average fee dropped to EUR42 from EUR50.

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