Kett, Russel. "The Impact of COVID-19 on the European Hotel Sector". Hospitality Net. (1600905600)September 24, 2020. https://www.hvs.com/...
The first six months of 2020 have seen dramatic declines in RevPAR, the closure of many hotels, and the furloughing of many hotel employees. Government support has been provided to hotel staff and owners in many countries. Now that the measures are easing, the number of permanent job losses is likely to increase. As they resume business, hotels that are benefiting from drive-to leisure demand are experiencing encouraging levels of performance. However, those that rely on international and MICE business will take longer to see satisfactory levels of business return.
Posted on 24/03/21
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