The inflationary environment in Europe has created a complicated situation for hoteliers, allowing them to grow room rates thanks to high demand while also trying to get a handle on the rising costs of materials, labor and debt.
In a recent webinar titled “Inflation Vs. Vacation: Post-Pandemic, How Are Risings Costs and Inflation Impacting European Hospitality?” hosted by CoStar and its hospitality analytics firm, STR, industry experts discussed the current state of hospitality on the…