STR: Europe hotel performance for August 2020

Europe's hotel industry reported its best performance levels since February, according to August 2020 data from STR.

Euro constant currency, August 2020 vs. August 2019

• Occupancy: -44.6% to 43.0%
• Average daily rate (ADR): -13.0% to EUR103.95
• Revenue per available room (RevPAR): -51.8% to EUR44.69

The absolute occupancy and RevPAR levels were up significantly from July but remained the lowest for any August on record in Europe. Each of the metrics were the highest for the continent since February.

Local currency, August 2020 vs. August 2019

Germany

• Occupancy: -40.9% to 42.7%
• ADR: -4.5% to EUR86.37
• RevPAR: -43.5% to EUR36.92

The absolute occupancy and RevPAR levels are the highest in Germany since February but remained the lowest for any August on record in the country.

Netherlands

• Occupancy: -47.0% to 43.7%
• ADR: -22.1% to EUR87.01
• RevPAR: -58.7% to EUR38.00

ADR came in lower than July, but occupancy and RevPAR were the highest for any month in the country since February.

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