Fairmas Hotel Ticker July 2015
Hotel Performance June 2015 in comparison to previous year
June was excellent for the Berlin hospitality industry. Occupancy rose by 5% and room rates were also much higher (28%) than last year (RevPar: +34%). The completely sold-out Champions League final on June 6 generated a huge surge in demand, as well as outstanding room rates. The Hauptstadtkongress (Capital City Congress) from 10 to 12 June 2015 and the EAN Congress (20 to 23 June) were both very well booked. The visit of Queen Elizabeth II at the end of the month also boosted ADR. There was very good demand for the four business weeks shortly before the school summer holidays, which start in mid-July.
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