Paris Leads European Hotel’s In Occupancy Rates
As of 13 December, Paris’ occupancy stood at 71.1% for 31 December, which was the highest across Europe’s key markets and the highest for the French capital over 90 days period.
For the sake of comparison, Rome and London New Year’s Eve occupancy on the books sits at 56.1% and 52.3%, respectively,
“Paris has shown stronger hotel demand than other European capitals. Some of those capitals, such as Brussels and Vienna, continue to struggle to generate momentum due to increased restrictions in the markets,” commented Thomas Emanuel, STR’s director.
Berlin Occupancy Falls in November Due to Covid Worries
With rising COVID cases being reported across the globe, and new restrictions being announced by various countries, Berlin’s hotel industry reported lower occupancy but higher room rates, according to preliminary November 2021 data from STR.
Berlin’s stats read:
- Occupancy: 57.4%
- Average daily rate (ADR): EUR92.45
- Revenue per available room (RevPAR): EUR53.09
USA Hotel Performance Showed Steady Improvement
U.S. hotel performance increased from the previous week, according to STR‘s latest data through 11 December. New York City reported the highest weekly occupancy level (81.5%),
5-11 December 2021 (percentage change from comparable week in 2019*):
- Occupancy: 57.4% (-4.8%)
- Average daily rate (ADR): US$128.35 (+2.3%)
- Revenue per available room (RevPAR): US$73.73 (-2.7%)