Home INE Overnight stays of residents grew by 10.8% and those of non residents decreased by 3.2%

Overnight stays of residents grew by 10.8% and those of non residents decreased by 3.2%

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Hotels and similar establishments registered 2.0 million guests and 5.4 million overnight stays in October 2018, corresponding to year-on-year change rates of +0.7% and -0.1%, respectively (+0.6% and -1.1% in September, in the same order). Overnight stays of residents accelerated to a 10.8% growth, while those of non residents decreased by 3.2% (+8.3% and -4.5% in September, respectively).
In October, the average stay (2.70 nights) declined by 0.8% (+4.3% as regards residents and -1.2% in the case of non residents).
The net bed occupancy rate (53.8%) declined by 0.8 p.p. in October (-1.4 p.p. in the previous month).
Total revenue accelerated and grew by 2.6% (+1.2 p.p. compared to the growth in September) and reached EUR 332.1 million. Revenue from accommodation grew by 1.7% (+2.9% in September) and ascended to EUR 239.8 million.

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