Belgium reported increases in the three key performance metrics: occupancy (+1.0% to 71.7%), ADR (+5.4% to €80.26) and RevPAR (+6.4% to €57.57). Year-to-date demand growth (+3.8%) in Belgium has outpaced supply (+0.5%). According to STR Global analysts, demand in the country is expanding beyond Brussels to cities such as Ghent, Bruges and Antwerp. In addition, heavy investments have been made in the country’s hotel industry based on attractive yields and healthy hotel performance. France experienced a 1.0% increase in occupancy to 73.2%, a 3.2% rise in ADR to €179.65 and a 4.2% increase in RevPAR to €131.43. August was the third consecutive month in which demand (+1.7%) outperformed supply (+0.6%) in France. After a slow start to the year, the country’s year-to-date occupancy, ADR and RevPAR have all moved into positive growth figures. Greece saw a 0.8% dip in occupancy to 74.7% but double-digit growth in ADR (+13.7% to €163.50) and RevPAR (+12.8% to €122.05). According to STR Global analysts, Greece experienced strong ADR performance in both July and August as a result of positive developments with the third European bailout in the country. Greece’s hotel performance did not plummet as some expected this summer as a majority of trips to the country were booked well in advance and were not subject to refund. Get the full story at Hotel News Now