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STR: Europe hotel performance for June 2020

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LONDON—Reflecting early reopening around the continent, Europe’s hotel industry reported improved performance from May but at an all-time low level for a June, according to data from STR.

Euro constant currency, June 2020 vs. June 2019

  • Occupancy: -72.8% to 21.6%
  • Average daily rate (ADR): -34.8% to EUR83.69
  • Revenue per available room (RevPAR): -82.3% to EUR18.11

The absolute occupancy, ADR and RevPAR levels were up from May levels, but were the lowest for any June on record.

Local currency, June 2020 vs. June 2019

Poland

  • Occupancy: -78.2% to 17.3%
  • ADR: -14.3% to PLN279.84
  • RevPAR: -81.4% to PLN48.27

While up slightly from May levels, the absolute occupancy and RevPAR levels were the lowest for any June in STR’s Poland database.

Switzerland

  • Occupancy: -73.7% to 20.7%
  • ADR: -12.5% to CHF198.26
  • RevPAR: -77.0% to CHF41.00

Occupancy and RevPAR were up from May levels, but each of the three key performance metrics were the lowest for any June in STR’s Switzerland database.

Additional COVID-19 analysis
All of STR’s COVID-19 analysis can be found here.

A note to editors
All references to STR data and analysis should cite “STR” as the source. Please refrain from citing “STR, Inc.” “Smith Travel Research” or “STR Global” in sourcing.

About STR

STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. 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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