Berlin hotel occupancy
STR | October 12, 2021
LONDON — October 12, 2021 — Berlin’s hotel industry reported its second-best occupancy and highest room rates of the pandemic-era, according to preliminary September 2021 data from STR. Occupancy: 61.3% Average daily rate (ADR): EUR95.01 Revenue per available room (RevPAR): EUR58.20 The absolute ADR level was the highest in Berlin since March 2020, while RevPAR was the highest since February 2020. Occupancy was slightly lower than a domestic-driven 65.4% in August but was still the market’s second highest level since February 2020. Even with the overall improvement, Berlin’s performance remained well below the pre-p...
STR | August 13, 2021
LONDON — August 13, 2021 — STR’s preliminary July 2021 data shows Berlin with its highest performance levels since the start of the pandemic. Occupancy: 48.5% Average daily rate (ADR): EUR75.80 Revenue per available room (RevPAR): EUR36.76 The absolute occupancy and RevPAR levels were the highest for any month in Berlin since February 2020, while the ADR level was the highest since October 2020. All of STR’s COVID-19 analysis can be found here....
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