LONDON—Berlin’s hotel industry reported its highest monthly occupancy and room rates since late 2019, according to preliminary May 2022 data from STR.
- Occupancy: 77.9%
- Average daily rate (ADR): EUR114.19
- Revenue per available room (RevPAR): EUR88.90
The absolute occupancy level was the highest in the market since November 2019 but still came in 6.7% lower than the pre-pandemic comparable (May 2019). The absolute ADR and RevPAR levels exceeded 2019 comparables and were the highest in the market since September 2019.
All of STR’s COVID-19 analysis can be found here.