Berlin hotel occupancy
STR | April 13, 2022
LONDON — April 13, 2022 — Berlin’s hotel industry reported month-over-month performance improvement, according to preliminary March 2022 data from STR. Occupancy: 51.3% Average daily rate (ADR): EUR84.98 Revenue per available room (RevPAR): EUR43.57 The occupancy and RevPAR levels were the highest in the market since November 2021. These levels were still 30% and 40% below the pre-pandemic comparables from 2019, respectively. Daily data shows that Berlin’s weekday and weekend performance is more aligned, pointing to increased business demand during the weekdays. All of STR’s COVID-19 analysis can be fo...
STR | February 15, 2022
LONDON — February 15, 2022 — With tight pandemic restrictions, Berlin’s hotel industry reported lower performance than months prior, according to preliminary January 2022 data from STR. Occupancy: 28.2% Average daily rate (ADR): EUR75.85 Revenue per available room (RevPAR): EUR21.41 The occupancy level was the lowest in the market since June 2021, while ADR was the lowest since July 2021. Daily data shows Berlin’s hotel occupancy came in at 38.7% on New Year’s Day, substantially lower than occupancy recorded on the same day in 2020 (75.3%) and 2019 (68.8%). All of STR’s COVID-19 analysis can be found here....
STR | December 13, 2021
LONDON - December 13, 2021 - Amid rising COVID cases and subsequent restrictions, Berlin’s hotel industry reported lower occupancy but higher room rates, according to preliminary November 2021 data from STR. Occupancy: 57.4% Average daily rate (ADR): EUR92.45 Revenue per available room (RevPAR): EUR53.09 The occupancy level was the lowest in the market since July and roughly 30% lower than November 2019. A month earlier in October, Berlin’s 70.1% occupancy level was just 16% lower than the pre-pandemic comparable. At the same time, the market’s ADR was its second highest since March 2020, behind only September...
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....
Restrictions, Lack of Inbound Travel Have Limited Southeast Asia’s Hotel Performance
LRE & Companies and American Hospitality Services Reveal Hotel Brands for Roseville Junction Project
KSL Capital Partners Acquires Martin Resorts Portfolio of Five Independent Hotels
What Customers Want and Expect While Traveling in 2023
As the first news aggregate for the hotel industry, Hotel-Online is the industry’s must-read daily news source for everything hotel curated for busy professionals. Sign up today for industry news delivered to your inbox.