A survey conducted among hoteliers in Singapore found that 88 percent of respondents have undertaken sales promotions (e.g. bundled packages) as an immediate stop-gap measure to counter the impact of the COVID-19 outbreak. In the survey, it was also found that almost all of the respondents have taken cost control measures since the pandemic outbreak. Hotel performance in Singapore was up to expectations in January 2020. However, circumstances deteriorated significantly since the outbreak.
Current measures taken to mitigate the impact of COVID-19 on hotel demand in Singapore as of March 2020
Original question: "How do you see your property tackling the COVID-19 situation within the immediate term?"
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). Current measures taken to mitigate the impact of COVID-19 on hotel demand in Singapore as of March 2020 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1114758/singapore-hotel-countermeasures-covid-19-impact/
Horwath HTL. "Current measures taken to mitigate the impact of COVID-19 on hotel demand in Singapore as of March 2020." Chart. March 6, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1114758/singapore-hotel-countermeasures-covid-19-impact/
Horwath HTL. (2020). Current measures taken to mitigate the impact of COVID-19 on hotel demand in Singapore as of March 2020. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1114758/singapore-hotel-countermeasures-covid-19-impact/
Horwath HTL. "Current Measures Taken to Mitigate The Impact of Covid-19 on Hotel Demand in Singapore as of March 2020." Statista, Statista Inc., 6 Mar 2020, https://www.statista.com/statistics/1114758/singapore-hotel-countermeasures-covid-19-impact/
Horwath HTL, Current measures taken to mitigate the impact of COVID-19 on hotel demand in Singapore as of March 2020 Statista, https://www.statista.com/statistics/1114758/singapore-hotel-countermeasures-covid-19-impact/ (last visited November 21, 2024)
Current measures taken to mitigate the impact of COVID-19 on hotel demand in Singapore as of March 2020 [Graph], Horwath HTL, March 6, 2020. [Online]. Available: https://www.statista.com/statistics/1114758/singapore-hotel-countermeasures-covid-19-impact/
