STR: Mixed picture for Italian market

Hotel performance in Italy shows a generally favorable view, as measured by year-on-year percentage change for the year-to-date October 2011 for the key performance indicators of occupancy, average daily rate and revenue per available room, according to data compiled by STR Global.

Some markets, however, still are reporting performance decreases. These include Rome Airport EUR-Fiumicino with a fall in RevPAR of 5.3%, compared with RevPAR growth for Rome’s other submarkets. Similarly, the sub-market of Milan Linate-San Donato-Assago reported a RevPAR decrease of 1.7% when the rest of Milan shows RevPAR growth.