Mar 09 2009
Europe and Middle East Lead Globe In Hotel Performance
Cities in Europe and the Middle East lead in global hotel performance, gobbling up 7 spots each in the list of the world’s top 20 RevPAR rankings.
The data comes from a report by Deloitte Touche Tohmatsu.
As a whole the global tourism industry has experienced a major downturn in 2008 with the massive economic crisis taking its toll. While the first half of 2008 saw strong performance, the second half, especially the final quarter, saw major declines in every area worldwide.
Read more about the performance of top cities here.







