STR: Europe Hotel Performance For September 2020
Reflecting a post-summer lag in demand, Europe's hotel industry reported slight performance decreases from the prior month, according to September 2020 data from STR.Euro constant currency, September 2020 (percentage change from September 2019)
LONDON - Reflecting a post-summer lag in demand, Europe's hotel industry reported slight performance decreases from the prior month, according to September 2020 data from STR.
Euro constant currency, September 2020 (percentage change from September 2019)
- Occupancy: 38.9% (-51.7%)
- Average daily rate (ADR): EUR90.78 (-27.2%)
- Revenue per available room (RevPAR): EUR35.31 (-64.8%)
Each of the three key performance metrics were down from August, and the occupancy level was the lowest for any September on record in Europe. When looking at the most recent weekly data through 17 October, occupancy had retreated further to 32.7% amid new COVID-19 lockdowns around the continent.
Local currency, September 2020 (percentage change from September 2019)
Ireland
- Occupancy: 37.0% (-58.4%)
- ADR: EUR102.59 (-29.5%)
- RevPAR: EUR38.00 (-70.7%)
Each of the three key performance metrics were down from August but came in higher than most of the other pandemic-affected months.
Poland
- Occupancy: 37.7% (-52.4%)
- ADR: PLN257.34 (-22.2%)
- RevPAR: PLN97.02 (-63.0%)
Each of the three key performance metrics were down from August. ADR was the lowest in Poland since May.
Additional COVID-19 analysis
All of STR's COVID-19 analysis can be found here.
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