Berlin
In Berlin, last-minute booking pace for the next three weeks is mostly in line with 2019, with more guests following similar pre-pandemic booking patterns.
This market in particular has experienced shorter booking lead times that have sustained since the start of the pandemic, but is increasing through the end of summer as travelers book fewer last-minute trips than they have in the past year. However, it still remains shorter in comparison to 2019 in the coming months and ahead starting in October.
The Berlin market appears to be keeping up with 2019 booking pace in the short term and performance by month is ahead for 2019.
As booking pace recovers, property managers that have not seen an increase in bookings for September need not worry as the market is pacing well in line with 2019 data.
Source: Beyond Data
In the Munich and Dusseldorf markets, over 50% of booking pace lead time for the next three weeks is under one month. Both markets show that booking pace is ahead of 2019 for the next month.
The Munich market in particular has historically experienced b2b email list shorter booking lead times that have sustained since the start of the pandemic. At the same time in 2019, more people were booking their travels further out in September and October.
We advise that the immediate term is anticipated to perform ahead of pick-up trends in Munich and Dusseldorf, but travel demand for the market is not at full recovery compared to 2019 data. Property managers should keep an eye on their latest booking lead time data as the market heads into Fall and last-minute bookings drive occupancy.