Fairmas hotel ticker October 2014
Hotel performance October 2014 in comparison to previous year
September didn’t go down too well for Frankfurt Hotelier’s (Occ: +0.1 %, ADR: -6%, RevPar: -6%). Departments such as Bavaria, Baden-Württemberg or Hessen which normally generated good business for the Frankfurt market finished their summer holidays in Mid-September only. Especially the absence of business groups during high demand trade fair periods resulted in a rate drop. In addition, this year’s Automechanika (biennial) had less exhibition days and is therefore not as strong as the IAA in 2013.
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