STR | December 12, 2022
LONDON – Berlin’s hotel industry reported lower performance month over month, according to preliminary November 2022 data from STR.Â
- Occupancy: 69.0%
- Average daily rate (ADR): EUR109.75
- Revenue per available room (RevPAR): EUR75.73
The market’s ADR level surpassed the 2019 comparable (+13.7%), but occupancy and RevPAR remained below November 2019 by 15.8% and 4.4%, respectively.
Berlin hotels continue to show strong weekday levels, which points to increased business demand. The highest daily occupancy levels for the month were recorded on 9 and 24 November, at 86.1% and 82.3%, respectively.
More of STR’s analysis can be found here.
