Overview of the current situation in Geneva's hotel sector
Insight
13 February 2025
Geneva Hotel Market Dynamics, Q4 2024
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The Geneva hotel sector has not yet fully recovered from the pandemic-related slump and in 2024 was still slightly behind the 2019 figures in terms of room occupancy, average room rates and RevPAR.
Various operators ventured into the market last year.
BAK Economics expects stronger growth in urban communities in the coming tourism years, from which Geneva should also benefit.