10 August 2022
LONDON—Berlin’s hotel occupancy came in just below the pre-pandemic comparable from July 2019, according to preliminary July 2022 data from STR.
- Occupancy: 78.6%
- Average daily rate (ADR): EUR111.85
- Revenue per available room (RevPAR): EUR87.94
Aligned with historical patterns, each of the three key performance metrics were lower than June. However, comparisons with 2019 were improved with occupancy less than one percentage point lower (79.2% in July 2019) and ADR more than EUR24 higher.
When looking at daily data, Tuesdays and Wednesdays showed better levels than June, pointing to continued progress in the return of business demand. The highest daily occupancy for the month (94.5%) was recorded on Tuesday, 12 July.
All of STR’s COVID-19 analysis can be found here.
About STR
STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.
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