Berlin’s hotel industry reported month-over-month performance improvement, according to preliminary March 2022 data from STR.
- Occupancy: 51.3%
- Average daily rate (ADR): EUR84.98
- Revenue per available room (RevPAR): EUR43.57
The occupancy and RevPAR levels were the highest in the market since November 2021. These levels were still 30% and 40% below the pre-pandemic comparables from 2019, respectively.
Daily data shows that Berlin’s weekday and weekend performance is more aligned, pointing to increased business demand during the weekdays.
.jpg){kind=tracking}