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Europe Daily Bulletin No. 9811

6 January 2009
Contents Publication in full By article 17 / 18
ECONOMIC INTERPENETRATION / (eu) hotel industry

Rates falling in most parts of world according to figures from Hotels.com. - According to the latest quarterly price study by Hotels.com, the world's most frequently consulted hotel industry site (Expedia group), the world hotels sector has seen a sharp fall-off in business since summer 2008 (July-September), before the financial crisis. Based on a sample of some 68,000 hotels in more than 12,500 holiday destinations, the study reveals the first fall in prices since the study was set up in...