STR: Preliminary May data for Berlin hotels

STR's preliminary data for Berlin hotels showed slight improvement from April but record lows for May.

Comparison with May 2019:

• Occupancy: -88.0% to 10.0%
• Average daily rate (ADR): -28.6% to EUR76.84
• Revenue per available room (RevPAR): -91.4% to EUR7.72

The absolute occupancy, ADR and RevPAR levels were the lowest for any May in STR's Berlin database. STR analysts note that May bank holidays helped push slightly better performance than April (occupancy: 8.3%, ADR: EUR71.90).

All of STR's COVID-19 analysis can be found here.