amsterdam hotel performance
STR: Amsterdam Hotel ADR and RevPAR Reached Record-Highs in April
STR | May 15, 2023
LONDON – Amsterdam’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) for any month on record, according to preliminary April 2023 data from STR. April 2023 (year-over-year % change) Occupancy: 83.9% (+13.6%) Average daily rate (ADR): EUR214.51 (+30.5%) Revenue per available room (RevPAR): EUR180.07 (+48.2%) April was the first month with the market’s ADR above EUR200. In addition, the occupancy level was Amsterdam’s highest since October 2019. When looking at daily data, Amsterdam’s occupancy peaked on Saturday, 29 April (93.7%), helped by Metallica’s M72 ...
STR: Amsterdam Hotels Showed Typical Seasonal Slowing in January
STR | February 20, 2023
LONDON – In its first January without restrictions since 2020, Amsterdam hotel performance showed a typical season slowing from the months prior, according to preliminary data from STR. Occupancy: 53.1% Average daily rate (ADR): EUR130.71 Revenue per available room (RevPAR): EUR69.37 The market’s ADR level surpassed the pre-pandemic comparable from 2019 (+18.5%), while occupancy and revenue per available room (RevPAR) remained off the pace by 17.7% and 2.5%, respectively. When looking at daily data, occupancy topped 70% just once—on Saturday, 28 January (72.5%)—the night of the Robbie Williams concert. All of ST...