By browsing on our website, you are agreeing to our cookies policy.

 
 
STR will release full Munich’s April results later this month STR will release full Munich’s April results later this month

STR- April Growth for Munich Hotels

STR’s recently-released April preliminary data for Munich hotels indicated significant demand and performance growth.

Based on daily data from the month of April, Munich reported year-on-year growth with supply increasing by five percent, while demand grew by 7.1 percent.

Meanwhile, occupancy rose from two percent to 73.1 percent, with Average Daily Rate (ADR) growing 12.9 percent to EUR119.50.

At the same time, revenue per available room (RevPAR) reported 15.1 percent growth to EUR87.30.

This marked the first ADR and RevPAR increases for any month in Munich since December 2017.

STR analysts credit the performance largely to the favourable side of the Easter calendar shift from April in 2017 to March.