Performance

Revpar up in Europe

Absolute occupancy, ADR and revpar levels in Europe were up from April levels, but were the lowest for any May in Europe, according to STR.

The company reported that occupancy was down by 82.3% to 13.3%, with ADR down 33.7% to €77.56m and revpar down 88.3% to €10.30.

In Germany occupancy was down by 84.7% to 11.7%, with ADR falling by 22.2% to €82.49 and revpar down 88.1% to €9.62. While slightly up from April levels, absolute occupancy and revpar levels were the lowest for any May in STR’s Germany database.
 

In the Netherlands occupancy was down by 86.4% to 10.7%, while ADR dropped by 39.3% to €82.01and revpar fell 91.7% to €8.76. Performance rose slightly from April, but the absolute occupancy, ADR and revpar levels were the lowest for any May in STR’s Netherlands database.