Fairmas Hotel Ticker June 2015

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Fairmas Hotel Ticker June 2015

June 1, 2015, In Fairmas hotel ticker

Hotel Performance May 2015 in comparison to previous year

Occupancy in Dusseldorf declined by 13% on a year-on-year basis. ADR actually collapsed by a dramatic 38%. There were many public holidays this May, including Whitsun (Pentecost), which fell in June last year. This meant there was much less corporate and MICE business this year than in 2014. The Interpack trade fair also took place in May 2014. Thus, a lot of high-priced business vanished this year, which meant that the Dusseldorf hotel industry suffered a 46% drop in RevPar.

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