STR: Preliminary September data for Berlin hotels
 
STR: Preliminary September data for Berlin hotels
12 OCTOBER 2017 8:47 AM

Berlin's hotel market posted negative year-over-year performance in September, according to preliminary data from STR. Occupancy declined 1.7% to 88.5%, ADR decreased 7.9% to €121.73 ($144.19) and RevPAR dropped 9.6% to €107.73 ($127.59).

LONDON—STR’s preliminary September 2017 data for Berlin, Germany, indicates an overall performance decline.

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

  • Supply: +2.0%
  • Demand: +0.2%
  • Occupancy: -1.7% to 88.5%
  • Average daily rate (ADR): -7.9% to EUR121.73
  • Revenue per available room (RevPAR): -9.6% to EUR107.73

STR analysts attribute Berlin’s performance declines to an off year for the biennial InnoTrans trade fair for transport technology. Last year’s fair helped the market’s RevPAR increase more than 100% during the four days it was held in September.

STR will release full September 2017 results later this month.

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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