Healthy growth in European hotel industry in 2014. - The European hotel industry ended 2014 with growth of 3.8% in terms of RevPAR (revenue per available room, which measures a hotel's economic performance) and the rates of hotel rooms occupied which stood at around 70% (1.9% increase on 2013 figures). These figures were highlighted in the most recent Destinations Observatory Report. The average cost of a European hotel room increased by 2% in 2014, although it remained stable in 2013. It is...