Fairmas hotel ticker: December 2014

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Fairmas hotel ticker: December 2014

December 1, 2014, In All news, Fairmas hotel ticker

Hotel performance November 2014 in comparison to previous year

November was a gloomy month for Dusseldorf’s hoteliers. Occupancy fell by 1%, room rates by as much as 7%, while RevPar fell by 8% on a year-on-year basis. There was a lack of demand for events in November. Besides this, the “A+A” trade fair, which takes place every other year, was absent in 2014. Last year, it had been accompanied by high room rates. The annual, major four-day “Medica” trade fair from 12 to 14 November 2014 was usable to impress, with generally poor results in terms of overall performance, even though higher room rates than last year could be achieved.

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