An article by Thierry, added on 27 March 2020 2 min. reading
While March saw an increase in the number of Covid-19 cases across Europe as well as a cancellation of all events and a limitation of business trips, many countries in Europe have now declared containment to stop the pandemic.
A recent study by Hospitality ON, carries out an inventory of the impact of Covid-19 from January to March, on the hotel industry in France, Germany, Benelux, Spain, Italy and Greece.
Not surprisingly, Italy is the country most affected : confinement requires, the RevPAR (income per available room) fell by more than 89,7% in March.
Since the start of 2020, Italy, Greece, Luxembourg and Belgium have been the countries with the largest decline in RevPAR. These are the same countries with the lowest monthly occupancy rate. See Hospitality ON graphics here Evo RevPAR since early 2020
Germany, Benelux and Spain are also experiencing sharp drops in the RevPAR rate and a sharp drop in the monthly occupancy rate.
In France, Paris and the Île-de-France region are the two areas most strongly affected by the fall in RevPAR since the start of the year. Paris, for its part, has the lowest monthly occupancy rate (compared to Île-de-France and other French regions).
At Roissy, after a month of rather average february, occupancy rate hotels as of March 1, 2020 starts at 47% to go down to March 25 up to 26%
The study on the impact of Covid-19 in Europe will be available soon on the website of Hospitality ON -
Hotel barometer of the Grand Roissy destination. Your OT Grand Roissy contacts: t.bogaczyk@ville-roissy95.fr - OlaKala from MKG Group: Guillaume Richoux
