STR – Preliminary September 2017 Data
STR: Preliminary September data for Berlin hotels 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). Supply: +2.0% Demand: +0.2% Occupancy: -1.7% to 88.5% Average daily rate (ADR): -7.9% to EUR121.73 […]
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