The coronavirus pandemic caused significant disruptions in the hospitality industry across the globe. In the Nordic region, this can be seen in the decline in the average daily rate (ADR) of hotels in capital cities from April onwards due to restrictions in non-essential travels worldwide. Hotels in Reykjavik experienced the most dramatic price drop from March to April when hotels cost 69 euros per night. Prices continued to drop on the fourth quarter of 2020, with hotels in Oslo reaching as low as 50 euros per night in December.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.
Average daily rate (ADR) of hotels in the capitals of the Nordic countries in 2020, by month
(in euros)
Characteristic
Copenhagen
Oslo
Stockholm
Reykjavík
Helsinki
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Nordic Hotel Consulting. (January 14, 2021). Average daily rate (ADR) of hotels in the capitals of the Nordic countries in 2020, by month (in euros) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/880809/average-daily-rate-of-hotels-in-the-nordic-capitals/
Nordic Hotel Consulting. "Average daily rate (ADR) of hotels in the capitals of the Nordic countries in 2020, by month (in euros)." Chart. January 14, 2021. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/880809/average-daily-rate-of-hotels-in-the-nordic-capitals/
Nordic Hotel Consulting. (2021). Average daily rate (ADR) of hotels in the capitals of the Nordic countries in 2020, by month (in euros). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/880809/average-daily-rate-of-hotels-in-the-nordic-capitals/
Nordic Hotel Consulting. "Average Daily Rate (Adr) of Hotels in The Capitals of The Nordic Countries in 2020, by Month (in Euros)." Statista, Statista Inc., 14 Jan 2021, https://www.statista.com/statistics/880809/average-daily-rate-of-hotels-in-the-nordic-capitals/
Nordic Hotel Consulting, Average daily rate (ADR) of hotels in the capitals of the Nordic countries in 2020, by month (in euros) Statista, https://www.statista.com/statistics/880809/average-daily-rate-of-hotels-in-the-nordic-capitals/ (last visited September 01, 2024)
Average daily rate (ADR) of hotels in the capitals of the Nordic countries in 2020, by month (in euros) [Graph], Nordic Hotel Consulting, January 14, 2021. [Online]. Available: https://www.statista.com/statistics/880809/average-daily-rate-of-hotels-in-the-nordic-capitals/