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Expected duration of COVID-19 impact on hotel operations Singapore 2020

A survey on hotel operators in Singapore found that 62 percent of respondents expected the impact of the COVID-19 pandemic on their hotel's operating performance to last between six to 12 months. By comparison, one percent were of the opinion that it would take three months for hotel operations to resume as before. In an effort to help Singapore manage the spread of infections, several hotels have set aside entire compounds for stay-home notice returnees, transferring existing guests to other hotels from the same chain.

Hoteliers' estimated duration of impact of COVID-19 outbreak on hotel operations in Singapore as of March 2020

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Sources

Release date

March 2020

Region

Singapore

Survey time period

March 2020

Number of respondents

66 respondents

Special properties

among hoteliers in Singapore

Supplementary notes

Original question: Based on the current situation, for how long do you assess the influence of the COVID-19 outbreak on the hotel’s operating performance will continue?

Respondents accounted for a total of 23,924 rooms across 6 different classification of hotels. They accounted for 40% of Singapore's total gazetted supply.

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