STR: Europe hotel performance for July 2016

  According to STR, European hotels reported mixed year-over-year results in July 2016 when calculated in euro constant currency. Occupancy was nearly flat (-0.4% to 76.7%), but ADR was up 3.9% to €118.80 ($134.17) and RevPAR increased 3.5% to €91.17 ($102.97). Hotels in Europe recorded mostly positive results in the three key performance metrics when …