In a survey of Singapore hotel operators in March 2020, the majority of the respondents expected to see a decline of more than 50 percent in room occupancy due to the COVID-19 pandemic. The pandemic has had a profound impact on the tourism and hospitality sector in Singapore, due to the travel bans in place in many countries.
Expected decline in occupancy among hotels as a result of the COVID-19 outbreak in Singapore as of March 2020
Decline in occupancy
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Original question: Considering the influence of the COVID-19 outbreak, for your hotel, what is your expectation for percentage growth/decline for full-year 2020 (FY2020) vs full-year 2019 (FY2019)? [Occupancy]
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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Horwath HTL. (March 6, 2020). Expected decline in occupancy among hotels as a result of the COVID-19 outbreak in Singapore as of March 2020 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1113461/singapore-expected-occupancy-decline-among-hotels-during-covid-19/
Horwath HTL. "Expected decline in occupancy among hotels as a result of the COVID-19 outbreak in Singapore as of March 2020." Chart. March 6, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1113461/singapore-expected-occupancy-decline-among-hotels-during-covid-19/
Horwath HTL. (2020). Expected decline in occupancy among hotels as a result of the COVID-19 outbreak in Singapore as of March 2020. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1113461/singapore-expected-occupancy-decline-among-hotels-during-covid-19/
Horwath HTL. "Expected Decline in Occupancy among Hotels as a Result of The Covid-19 Outbreak in Singapore as of March 2020." Statista, Statista Inc., 6 Mar 2020, https://www.statista.com/statistics/1113461/singapore-expected-occupancy-decline-among-hotels-during-covid-19/
Horwath HTL, Expected decline in occupancy among hotels as a result of the COVID-19 outbreak in Singapore as of March 2020 Statista, https://www.statista.com/statistics/1113461/singapore-expected-occupancy-decline-among-hotels-during-covid-19/ (last visited July 22, 2024)
Expected decline in occupancy among hotels as a result of the COVID-19 outbreak in Singapore as of March 2020 [Graph], Horwath HTL, March 6, 2020. [Online]. Available: https://www.statista.com/statistics/1113461/singapore-expected-occupancy-decline-among-hotels-during-covid-19/
