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Impact of COVID-19 on hotels against other health scares Singapore 2020

A survey on hotel operators in Singapore found that 55 percent of respondents believed COVID-19's impact has been much worse on hotel market performance than other health scares. By comparison, one percent were of the opinion that it was similar to others across the years. 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' opinion on the impact of the COVID-19 outbreak on hotel operations against other health scares 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: How do you assess the influence of the COVID-19 outbreak on the hotel market performance, compared to other similar health scares (e.g. SARS 2003, H5N1 2016)?

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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