Hotels in London reported occupancy decreased 0.9% to 82.2% in April, according to preliminary monthly STR data. ADR decreased 1.1% to £141.87 ($192.48) and RevPAR dropped 2% to £116.59 ($158.18).
According to preliminary April data from STR, hotels in Munich reported occupancy rose 2% to 73.1% during the month, while ADR increased 12.9% to 119.50 ($143.23) and RevPAR rose 15.1% to 87.30 ($104.64).
Sitting on Kotor Bays only private beach, the resort features 89 premium guestrooms, 10 villas with private beachfront access, and three penthouse suites, each with a balcony or terrace.
Russelsheim-based MERKUR Development Holding (MERKUR) and NOVUM Hospitality are continuing to extend their partnership. MERKUR, as developer for NOVUM Hospitality, is to build a new hotel at Mergenthaler Allee 23-25 in Eschborn/Taunus.