STR: Berlin Hotels Post Best performance since late 2019

Berlin's hotel industry reported its highest monthly occupancy and room rates since late 2019, according to preliminary May 2022 data from STR.

·Occupancy: 77.9%

·Average daily rate (ADR): EUR114.19

·Revenue per available room (RevPAR): EUR88.90

The absolute occupancy level was the highest in the market since November 2019 but still came in 6.7% lower than the pre-pandemic comparable (May 2019). The absolute ADR and RevPAR levels exceeded 2019 comparables and were the highest in the market since September 2019.