Poland, Ireland & UK Top the Table for Hotel Occupancy Recovery in Europe

The latest data from the STR company, which provides confidential data and market analysis for the global hospitality industry, has revealed that the United Kingdom, Poland, and Ireland are the three European countries that have reached occupancy indexes of 80 per cent which means that they are better than during the first levels of the pandemic.

In a statement issued on May 2, STR announced that these data would also be presented at the International Hospitality Investment Forum (IHIF), SchengenVisaInfo.com reports.

According to STR, the United Kingdom showed a 28-day frequency which was 87 per cent of the comparable level of 2019, while since February 23, the country index has been consistently above 80.

In addition, Poland and Ireland were amongst the countries that achieved the highest occupation index, where Poland resulted with 84.5 per cent and Ireland with 81.3 per cent.

“But despite having the second-highest occupancy index, Poland’s levels have fallen over recent weeks after hitting an index peak of 94 on March 29. As noted in an earlier analysis from STR, Poland experienced a lift in occupancy as a result of hosting refugees during the early days of the Russia-Ukraine war,” the statement reveals.

In this regard, the managing director of STR, Robin Rossmann, noted that last month the recovery of the hotel occupation in Europe accelerated to 70 per cent of what it was before the pandemic.

“In general, leisure-dependent markets have been furthest ahead in the timeline, but there are encouraging signs recently of life returning to gateway cities that are more reliant on corporate demand. Our occupancy-on-the-books data shows that many of the major markets should recover to 90-100 per cent of 2019 levels by mid-May,” he also added.

Previously, on March 24, the STR issued a statement stating that using the standard methodology, which excludes temporary closures from the pandemic, hotel occupancy in Europe has not fallen below 53 per cent on a seven-day basis.

A notable exception has been noted in Ukraine at the national level, where low frequency has already dropped among STR sample hotels that have continued to report data. The STR also stressed that Russia has also seen a decline in its hotel occupation recovery.

Besides, Ukraine’s neighbours have mostly seen an increase in the number of hotels hosting large numbers of refugees from Ukraine.

STR has found that Poland jumped from below 50 per cent in late February to a high of 72 per cent on March 12.

Moreover, the Berlin-Brandenburg Statistics Office has also shown that new records have been set in recent years for the number of overnight stays in Berlin.

Statistics revealed that from 2001 to 2019, the number of overnight stays increased by an average of 6.2 per cent per year, which means that in 2019 three times more overnight stays were reported than in 2001.

In addition, in 2020, the number of guests in the capital had remained the same at 4.9 million as in 2001 and 64.6 per cent less than in 2019.

This also applies to Croatia, as statistics published by the Croatian Bureau of Statistics showed that tourist arrivals and nights spent in the country continued to increase in the second month of 2022.

According to these data, in February 2022, in commercial accommodation facilities, there were 226,000 arrivals and 570,000 tourist nights spent, which was 121,000 tourist arrivals and 324,000 more tourist nights than in February 2021.

Poland, Ireland & UK Top the Table for Hotel Occupancy Recovery in Europe