STR: Preliminary January data for Berlin hotels
 
STR: Preliminary January data for Berlin hotels
13 FEBRUARY 2018 10:15 AM

Preliminary January data from STR shows Berlin's hotel market experienced a 0.9% occupancy increase to 59.2%, a 1.1% ADR increase to €84.60 ($104.53) and a 2% RevPAR increase to €50.05 ($61.84). 

LONDON—STR’s preliminary January 2018 data for Berlin, Germany, indicates steady performance growth.

Based on daily data from January, Berlin reported the following in year-over-year comparisons:

  • Supply: +3.4%
  • Demand: +4.3%
  • Occupancy: +0.9% to 59.2%
  • Average daily rate (ADR): +1.1% to EUR84.60
  • Revenue per available room (RevPAR): +2.0% to EUR50.05

STR analysts note that RevPAR has now increased for nine consecutive Januarys in Berlin. The month’s stable performance levels were once again supported by demand from a pair of recurring January events: Berlin Fashion Week and International Green Week Berlin.

STR will release full January results later this month. The January edition of STR’s market forecast is now available.

International Media Contacts:

Alex Anstett
Media & Communications Coordinator
aanstett@str.com
+44 (0)207 922 1979

Naureen Ahmed
Director of Marketing, Research & Analysis
media@str.com
+44 (0)207 922 1965

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