As a result of the coronavirus (COVID-19) pandemic, the global hotel market has already taken a huge hit. In the week ending March 21, 2020, the country that saw the largest drop in occupancy was Italy - dropping as much as 96 percent when compared to the previous year. The source country of the virus, China, saw occupancy drop year-over-year by 68 percent.
Hotel occupancy changes year-over-year due to the coronavirus (COVID-19) pandemic in selected countries worldwide for the week ending March 21, 2020
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PhocusWire. (March 26, 2020). Hotel occupancy changes year-over-year due to the coronavirus (COVID-19) pandemic in selected countries worldwide for the week ending March 21, 2020 [Graph]. In Statista. Retrieved July 03, 2022, from https://www.statista.com/statistics/1109521/hotel-occupancy-coronavirus/
PhocusWire. "Hotel occupancy changes year-over-year due to the coronavirus (COVID-19) pandemic in selected countries worldwide for the week ending March 21, 2020." Chart. March 26, 2020. Statista. Accessed July 03, 2022. https://www.statista.com/statistics/1109521/hotel-occupancy-coronavirus/
PhocusWire. (2020). Hotel occupancy changes year-over-year due to the coronavirus (COVID-19) pandemic in selected countries worldwide for the week ending March 21, 2020. Statista. Statista Inc.. Accessed: July 03, 2022. https://www.statista.com/statistics/1109521/hotel-occupancy-coronavirus/
PhocusWire. "Hotel Occupancy Changes Year-over-year Due to The Coronavirus (Covid-19) Pandemic in Selected Countries Worldwide for The Week Ending March 21, 2020." Statista, Statista Inc., 26 Mar 2020, https://www.statista.com/statistics/1109521/hotel-occupancy-coronavirus/
PhocusWire, Hotel occupancy changes year-over-year due to the coronavirus (COVID-19) pandemic in selected countries worldwide for the week ending March 21, 2020 Statista, https://www.statista.com/statistics/1109521/hotel-occupancy-coronavirus/ (last visited July 03, 2022)
