Coronavirus impact on hotel occupancy rate in China 2020
Just before the Chinese New Year in 2020, the coronavirus COVID-19 began to spread across China. Due to the nationwide travel restrictions, the hotel occupancy rate in the country fell to 7.4 percent during the first week of February, 2020, based on the preliminary data from a hotel industry report. At the end of March, above 85 percent of the hotels in China were open and the occupancy level reached 31.8 percent.
