STR: Europe hotel performance for May 2020

Reflecting the continued impact of the COVID-19 pandemic, Europe's hotel industry reported performance lows during May 2020, according to data from STR.Euro constant currency, May 2020 vs. May 2019

Reflecting the continued impact of the COVID-19 pandemic, Europe's hotel industry reported performance lows during May 2020, according to data from STR.

Euro constant currency, May 2020 vs. May 2019

  • Occupancy: -82.3% to 13.3%
  • Average daily rate (ADR): -33.7% to EUR77.56
  • Revenue per available room (RevPAR): -88.3% to EUR10.30

The absolute occupancy, ADR and RevPAR levels were up from April levels, but were the lowest for any May in Europe.

Local currency, May 2020 vs. May 2019

Germany

  • Occupancy: -84.7% to 11.7%
  • ADR: -22.2% to EUR82.49
  • RevPAR: -88.1% to EUR9.62

While slightly up from April levels, absolute occupancy and RevPAR levels were the lowest for any May in STR's Germany database.

Netherlands

  • Occupancy: -86.4% to 10.7%
  • ADR: -39.3% to EUR82.01
  • RevPAR: -91.7% to EUR8.76

Performance rose slightly from April, but the absolute occupancy, ADR and RevPAR levels were the lowest for any May in STR's Netherlands database.

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

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CoStar Group is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives. CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and...