STR: Europe hotel performance for May 2019
 
STR: Europe hotel performance for May 2019
25 JUNE 2019 7:54 AM

European hotel occupancy rose 1.4% to 74.9% while ADR increased 2.9% to €116.38 ($102.17) and RevPAR grew 4.3% to €87.22 ($76.57).

LONDON—Europe’s hotel industry reported positive results in the three key performance metrics during May 2019, according to data from STR.

Euro constant currency, May 2019 vs. May 2018

Europe

  • Occupancy: +1.4% to 74.9%
  • Average daily rate (ADR): +2.9% to EUR116.38
  • Revenue per available room (RevPAR): +4.3% to EUR87.22

Local currency, May 2019 vs. May 2018

Berlin

  • Occupancy: +6.9% to 83.6%
  • ADR: +8.2% to EUR108.14
  • RevPAR: +15.6% to EUR90.37

The occupancy and ADR levels are the highest for any May in STR’s Berlin database. May also marked 12 consecutive months of positive year-over-year demand comparisons in the market. STR analysts note that multiple events helped Berlin push performance levels: Re:publica (6-8 May), Raw Materials Summit (20-22 May), 16th World Congress of the European Association for Palliative Care (23-25 May) and the Berlin E-Prix (25 May).

Bratislava, Slovakia

  • Occupancy: +6.9% to 77.9%
  • ADR: +83.3% to EUR132.15
  • RevPAR: +95.9% to EUR102.95

The ADR level is the highest for any May in STR’s Bratislava database. STR analysts attribute the market’s performance to the IIHF World Championship. Semifinal and championship round games (25-26 May) produced double-digit increases in each of the three key performance metrics: occupancy (+30.7% to 90.6%), ADR (+210.7% to EUR195.25) and RevPAR (+304.5% to EUR176.83).

Download STR's May 2019 global hotel review.

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