STR’s preliminary January 2021 data for Berlin hotels showed slightly higher performance levels compared with the previous month but at overall low levels.
- Occupancy: 12.1% (-81.3%)
- Average daily rate (ADR): EUR63.34 (-25.3%)
- Revenue per available room (RevPAR): EUR7.68 (-86.1%)
The absolute occupancy and RevPAR levels were up from December 2020. With new and stricter lockdown rules extended in Berlin, daily occupancy remained under 20% during the month.
STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.