News - 21st Jun 2009

STR Global reports Germany's top four ADR performers

Average room rate performance for Germany's cities so far this year varies dramatically according to data from STR Global, the leading provider of market information to the world s hotel industry. Of the 17 city markets in the Federal Republic covered by STR Global, only four show positive, albeit modest, year-on-year ADR growth for the first four months this year: Rostock, Leipzig, Cologne and Dortmund. (See chart below.) Rostock leads the way with a 3.3-percent increase.

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