Fairmas hotel ticker: November 2014
Hotel Performance October 2014 in comparison to previous year
The forecast for October was positive for Hamburg hoteliers, with RevPar set to increase by 5%, due to a 3% rise in ADR. The DGHO convention, which is held at rotating venues, held from 10 to 14 October 2014, and the Schmerzkongress, a specialist German medical congress (22 to 25 October) contributed greatly to the improved room rates. The “Hanseboot” boat show, held every two years (25 October to 2 November 2014) and this year’s Hamburg “Summit” event were also viewed positively by the city’s hoteliers. Overall, the trend suggests major year-on-year improvements in the MICE and Business sector performance.
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