the coronavirus (COVID-19) pandemic the hotel industry taken a hit in 2020. In May 2020, the revenue per available room (RevPAR) in Europe saw the most dramatic effects of the virus, dropping to 11.35 U.S. dollars - compared to the previous year this figure dropped by 85.33 U.S. dollars.
As a result of Monthly hotel revenue per available room worldwide from 2018 to 2020, by region (in U.S. dollars)
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hotelnewsnow.com. (June 17, 2020). Monthly hotel revenue per available room worldwide from 2018 to 2020, by region (in U.S. dollars) [Graph]. In Statista. Retrieved May 26, 2022, from https://www.statista.com/statistics/206844/hotel-revpar-by-region-worldwide/
hotelnewsnow.com. "Monthly hotel revenue per available room worldwide from 2018 to 2020, by region (in U.S. dollars)." Chart. June 17, 2020. Statista. Accessed May 26, 2022. https://www.statista.com/statistics/206844/hotel-revpar-by-region-worldwide/
hotelnewsnow.com. (2020). Monthly hotel revenue per available room worldwide from 2018 to 2020, by region (in U.S. dollars). Statista. Statista Inc.. Accessed: May 26, 2022. https://www.statista.com/statistics/206844/hotel-revpar-by-region-worldwide/
hotelnewsnow.com. "Monthly Hotel Revenue per Available Room Worldwide from 2018 to 2020, by Region (in U.S. Dollars)." Statista, Statista Inc., 17 Jun 2020, https://www.statista.com/statistics/206844/hotel-revpar-by-region-worldwide/
hotelnewsnow.com, Monthly hotel revenue per available room worldwide from 2018 to 2020, by region (in U.S. dollars) Statista, https://www.statista.com/statistics/206844/hotel-revpar-by-region-worldwide/ (last visited May 26, 2022)