STR: Negative results for Europe’s hotel performance, for February 2020

HOTELS ORGANIZATIONS WORLD

Europe’s hotel industry reported mostly negative results in the three key performance metrics during February 2020, according to data from STR.

Euro constant currency, February 2020 vs. February 2019

  • Occupancy: -1.8% to 63.6%
  • Average daily rate (ADR): +1.2% to EUR101.68
  • Revenue per available room (RevPAR): -0.6% to EUR64.68

February’s data had not yet shown the full COVID-19 impact on hotels across the continent. STR continues to monitor the situation and issue preliminary data press releases.

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