Cushman & Wakefield: Bucharest Hotel Market Continues Post-Pandemic Recovery

02.27.2024 By Ecaterina Craciun

While the average hotel occupancy level across the CEE-6 capitals – including Bucharest, Bratislava, Budapest, Prague, Sofia, and Warsaw – in 2023 lagged 2019 by 9%, the ADR surpassed it by 23%, resulting in a 12% RevPAR growth, according to data from the real estate consulting company Cushman & Wakefield.

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Keywords:
Cushman & Wakefield
, Hotel Market
, Post-Pandemic Recovery