Christian Strieder

Berlin’s hotel industry reached its highest levels in occupancy and revenue per available room (RevPAR) despite the uncertainty around an economic recession, according to 2019 data from STR. Thanks to healthy demand growth and a lack of significant supply increases, occupancy rose 1.5% to 79.2%, driving RevPAR growth of 1.4% to EUR 78.87 (USD 86.33). […]