Berlin hotel industry
STR: Berlin Hotel Performance Improved in March
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: Berlin Hotel Occupancy Declined in November Amid Latest COVID Concerns
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: Preliminary September Data for Berlin Hotels
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...
