According to a survey of hotel operators in Australia in April 2020, 24 out of 90 respondents reported that they expected revenues to decline by 81 percent or more in calendar year 2020. 19 out 90 respondents expected that occupancy rates would decrease by 81 percent or more.
Forecasted impacts of COVID-19 on hotel industry performance in Australia for calendar year 2020
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Horwath HTL. (April 17, 2020). Forecasted impacts of COVID-19 on hotel industry performance in Australia for calendar year 2020 [Graph]. In Statista. Retrieved April 29, 2024, from https://www.statista.com/statistics/1248585/australia-expected-impact-of-covid-19-on-hotels/
Horwath HTL. "Forecasted impacts of COVID-19 on hotel industry performance in Australia for calendar year 2020." Chart. April 17, 2020. Statista. Accessed April 29, 2024. https://www.statista.com/statistics/1248585/australia-expected-impact-of-covid-19-on-hotels/
Horwath HTL. (2020). Forecasted impacts of COVID-19 on hotel industry performance in Australia for calendar year 2020. Statista. Statista Inc.. Accessed: April 29, 2024. https://www.statista.com/statistics/1248585/australia-expected-impact-of-covid-19-on-hotels/
Horwath HTL. "Forecasted Impacts of Covid-19 on Hotel Industry Performance in Australia for Calendar Year 2020." Statista, Statista Inc., 17 Apr 2020, https://www.statista.com/statistics/1248585/australia-expected-impact-of-covid-19-on-hotels/
Horwath HTL, Forecasted impacts of COVID-19 on hotel industry performance in Australia for calendar year 2020 Statista, https://www.statista.com/statistics/1248585/australia-expected-impact-of-covid-19-on-hotels/ (last visited April 29, 2024)
Forecasted impacts of COVID-19 on hotel industry performance in Australia for calendar year 2020 [Graph], Horwath HTL, April 17, 2020. [Online]. Available: https://www.statista.com/statistics/1248585/australia-expected-impact-of-covid-19-on-hotels/