The Coronavirus (COVID-19) pandemic is having a damaging impact on the hotel industry across Europe. The first case of coronavirus was confirmed on January 24 in France, shortly followed by other European countries. In February, the impact on revenues per available room (RevPar) was still relatively small, with the exception of Italy where the number of cases grew rapidly. By March, lockdowns and restrictions on unnecessary travel were implemented in other countries too, resulting in negative results across the region; Italy experienced an 85 percent drop in RevPar in March, while hotels in Greece recorded a 52.4 percent decline.
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Percentage change in revenue per available room (RevPar) of hotels in selected European countries from February to March 2020
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Hospitality-ON. (March 19, 2020). Percentage change in revenue per available room (RevPar) of hotels in selected European countries from February to March 2020 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1105462/impact-of-covid-19-on-hotel-revpars-in-europe/
Hospitality-ON. "Percentage change in revenue per available room (RevPar) of hotels in selected European countries from February to March 2020." Chart. March 19, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1105462/impact-of-covid-19-on-hotel-revpars-in-europe/
Hospitality-ON. (2020). Percentage change in revenue per available room (RevPar) of hotels in selected European countries from February to March 2020. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1105462/impact-of-covid-19-on-hotel-revpars-in-europe/
Hospitality-ON. "Percentage Change in Revenue per Available Room (Revpar) of Hotels in Selected European Countries from February to March 2020." Statista, Statista Inc., 19 Mar 2020, https://www.statista.com/statistics/1105462/impact-of-covid-19-on-hotel-revpars-in-europe/
Hospitality-ON, Percentage change in revenue per available room (RevPar) of hotels in selected European countries from February to March 2020 Statista, https://www.statista.com/statistics/1105462/impact-of-covid-19-on-hotel-revpars-in-europe/ (last visited November 21, 2024)
Percentage change in revenue per available room (RevPar) of hotels in selected European countries from February to March 2020 [Graph], Hospitality-ON, March 19, 2020. [Online]. Available: https://www.statista.com/statistics/1105462/impact-of-covid-19-on-hotel-revpars-in-europe/
