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-pandemic comparables from September 2019: occupancy (88.6%), ADR (EUR125.50) and RevPAR (EUR111.22).
All of STR’s COVID-19 analysis can be found here.
Advertisements
