European performance update - October 2022

Robin Rossmann - Managing Director, STR

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Agenda

Leisure fades,

Business saves?

ADR

Rollercoaster

ADR

drive profitability rebound

Source: STR. 2021 © 2021 CoStar Group

2

Leisure fades, Business saves?

Source: STR. 2021 © 2021 CoStar Group

3

European country occupancy holding steady at 60-80% of 2019 levels

Rolling 7 days Occupancy (Total Room Inventory) indexed to 2019, 2021

Belgium

France

Germany

Italy

Netherlands

Poland

Portugal

Russia

Spain

Turkey

United Kingdom

160

140

120

100

80

60

40

20

0

January

February

March

April

May

June

July

August

September

October

60-80%

Source: STR. 2021 © 2021 CoStar Group

4

4

UK, Russia, Poland, Germany and Turkey indexing 70-85%

Rolling 7 days Occupancy (Total Room Inventory) indexed to 2019, 2021

Germany

Poland

Russia

Turkey

United Kingdom

160

140

120

100

80

60

40

20

0

January

February

March

April

May

June

July

August

September

October

70-85%

Source: STR. 2021 © 2021 CoStar Group

5

5

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Pandox AB published this content on 26 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 November 2021 11:34:04 UTC.