COVID-19 Webinar Summary: 5 Key Points on Europe Hotel Performance, 6 November

COVID-19 Webinar Summary: 5 Key Points on Europe Hotel Performance, 6 November


Excerpt from STR

Occupancy falls back in gateway cities

Compared with other major markets around the globe, gateway cities still struggling the most. In Europe, Paris (9%), Rome (9%) and Berlin (11%) reported remarkably low Q1 occupancy levels. For comparison, Singapore (63%), Miami (61%) and Dubai (60%) posted the highest occupancy levels on a total-room-inventory basis.

Better than last year’s lows

Looking at 11 April year-to-date data, key markets across Europe showed higher occupancy than the comparable period from 2020. This was mostly driven by domestic demand and lockdown restrictions starting to ease. 

Click here to read complete article at STR.

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