Fairmas Hotel Ticker November 2015
Hotel Performance October 2015 in comparison to previous year
October was an excellent month for the hotel industry in Cologne/ Bonn. This year, the “anuga” has again been a powerful driver of room rates. It was already fully booked several months before the start of the trade fair. In addition, the “Aquanale/FSB” double trade show in Cologne was again held this year; it could be sold for higher room rates due to the strong demand. The Cologne Marathon and the two U2 concerts did the rest. Hoteliers were delighted with a 9% increase in occupancy. Room rates rose by a very impressive 30%. This meant a staggering 42% leap in RevPar.
Learn more in our Hotel Ticker November 2015!
The Fairmas Hotel Ticker provides a brief overview of the development of hotel performance of the past weeks
in some major German destinations.
Download Hotel Ticker November 2015