A survey conducted among hoteliers in Singapore found that 50 percent of respondents believed that demand from corporate travelers will remain unchanged after COVID-19. 14 percent believed that it would be better than before. Hotel performance was up to expectations in January, however, circumstances deteriorated significantly since the outbreak.
Estimated hotel demand among corporate travelers in Singapore after the COVID-19 outbreak as of March 2020
Original question: "How are each of the major demand segments expected to recover, once the COVID-19 outbreak is over?"
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). Estimated hotel demand among corporate travelers in Singapore after the COVID-19 outbreak as of March 2020 [Graph]. In Statista. Retrieved November 08, 2024, from https://www.statista.com/statistics/1113851/singapore-estimated-hotel-demand-from-corporate-travelers-after-covid-19/
Horwath HTL. "Estimated hotel demand among corporate travelers in Singapore after the COVID-19 outbreak as of March 2020 ." Chart. March 6, 2020. Statista. Accessed November 08, 2024. https://www.statista.com/statistics/1113851/singapore-estimated-hotel-demand-from-corporate-travelers-after-covid-19/
Horwath HTL. (2020). Estimated hotel demand among corporate travelers in Singapore after the COVID-19 outbreak as of March 2020 . Statista. Statista Inc.. Accessed: November 08, 2024. https://www.statista.com/statistics/1113851/singapore-estimated-hotel-demand-from-corporate-travelers-after-covid-19/
Horwath HTL. "Estimated Hotel Demand among Corporate Travelers in Singapore after The Covid-19 Outbreak as of March 2020 ." Statista, Statista Inc., 6 Mar 2020, https://www.statista.com/statistics/1113851/singapore-estimated-hotel-demand-from-corporate-travelers-after-covid-19/
Horwath HTL, Estimated hotel demand among corporate travelers in Singapore after the COVID-19 outbreak as of March 2020 Statista, https://www.statista.com/statistics/1113851/singapore-estimated-hotel-demand-from-corporate-travelers-after-covid-19/ (last visited November 08, 2024)
Estimated hotel demand among corporate travelers in Singapore after the COVID-19 outbreak as of March 2020 [Graph], Horwath HTL, March 6, 2020. [Online]. Available: https://www.statista.com/statistics/1113851/singapore-estimated-hotel-demand-from-corporate-travelers-after-covid-19/
