Adele’s Residency Drove Substantial Gains in Munich Hotel Performance

CoStar Group | September 18, 2024

WASHINGTON – 18 September 2024 – Adele’s 10-day residency drove significant performance growth for Munich’s hotel industry, according to August 2024 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets. Adele performed a total of 10 nights at the Messe München, pushing double-digit growth across the August metrics: occupancy (+15.9% to 77.0%), ADR (+46.6% to EUR159.04) and RevPAR (+69.9% to EUR122.46). The ADR and RevPAR levels were the highest for any August on record in Munich, while occupancy was the highest for August since 2017...