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English Turkey

Global hotel occupancy rates hit rock bottom amid virus

in Turkey, Sectoral, Tourism, Travel, Vacation, World
Global hotel occupancy rates hit rock bottom amid virus

Occupancy rates drop most in Italy, up to 94.5%, according to Hotel Association of Turkey.

Hotel occupancy rates have hit rock bottom globally due to travel restrictions in the wake of coronavirus.

Tourist hotspots across Europe, especially Italy, faced a tremendous blow in March.

The biggest drops were seen in Milan (94.5%) and Rome (90.5%). Their occupancy rates were 4% and 6.6%, respectively.

Other capitals, Athens recorded a 14% occupancy rate, Beijing 16.4%, Prague 17% and Paris 19.5%, according to figures compiled by the Hotel Association of Turkey.

“Occupancy rates, which range between 70% to 100% in the world’s largest cities under normal conditions, hit the rock bottom as expected in March this year,” the association said.

In Europe, the rate fell by 61.6% to 26.3% on average — the biggest drop since World War II — year-on-year in March.

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The U.K. posted the highest rate with 36.5%, it noted.

The rate dropped 55.2% in Turkey to stand at 28.6% — 29% both in Istanbul and the Mediterranean resort city of Antalya — in March.

The highest rates on a global scale were seen in Sydney with 48.5%, Los Angeles with 42.5% and New York with 34.5% in March.

Tags: CoronavirusIstanbulItalyTurkey
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