Travel Industry, News and Analytics

European Hotels Post Poor Results of November 2020

The impact of the second lockdown was severe for hotels across Europe. They had even weaker performance than in October, losing all hopes for at least some revenues during the tough pandemic year. In November 2020, the occupancy was only 21.3%, which is 70.4% below the result of November 2019. The average daily rate (ADR) fell to 72.42 euro (a decrease of 32.3% year-on-year). Finally, the revenue per available room (RevPAR) had even a higher drop of 81.2% year-on-year to 14.42 euro.

The continued COVID-19 lockdowns ruined the performance of virtually all European markets. The key performance metrics are way below the 2019 levels. For example, hotels in Brussels and Belgium, in general, saw a dreadful decline in occupancy. It was only 13.1% in November 2020, falling by 82.9% compared to October 2019. ADR lost 32.8% to 77.80 euro, and RevPAR lost 88.5%, reaching only 10.21 euro. Needless to say, the capital of Belgium is not used to such poor performance. The occupancy and RevPAR in November were poor even for the coronavirus year – these are the worst results since May. ADR, in its turn, was the lowest for the entire year.

Similar results are true for the majority of European countries. A closer look at Dublin hotels reveals poor performance in all three metrics. Hotels in Ireland had their occupancy as low as 16.2% in November 2020, a year-on-year decline of 77.4%. This is the lowest occupancy in the country since June 2020. ADR lost 37.1% to 73.60 euro, and the drop in RevPAR was even more significant – 85.8% to 11.93 euro. The ADR result was the worst for 2020.

How can European hotels save their business in the wake of the pandemic? Staycations could be the answer. There has been a surge in short-distance vacations in such regions as the Middle East, Asia Pacific, and Africa. Surprisingly, the trend is not registered in South America and Europe. Perhaps, the lack of reviews describing interesting nearby destinations is one of the reasons for this.

While exotic foreign destinations are temporarily not available, tourists can take a chance to discover beautiful places near their homes. Staycation packages can be a valuable option for people who are tired of their homes and are craving a change of scenery. A romantic weekend at a hotel or a long weekend in a neighboring town is great for forgetting about the routine, enjoying good food, and simply relaxing.

Individual City Guides

Irkutsk travel guide

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Cuisine of Sardinia

Original dishes of Sardegna are called healing ones for a reason; the fact is that only natural and organic products are used to cook. Today, a significant part of the national menu consists of fish dishes, but a hundred years ago, it was completely different. Indigenous people felt fear of the treacherous sea that has taken lives of fishermen and therefore preferred to cultivate land. Today, wonderful fruits and vegetables are grown on the island. Seafood began to appear in the menu only in … Read further

Traditions and festivals in Kadavu Island

Over thousands of years, the culture and traditions of Kadavu have become multifaceted. The first settlers came to the island over 3.5 thousand years ago. They were skilled hunters and fishermen. Fishing is still one of the main deeds of many locals. A lot of interesting legends are connected with it. According to one of them, thousands of years ago, the natives armed with quite primitive tools hunted giant tortoises. The main hunters’ weapon was their voice. They lured tortoises to the … Read further

Gomel cultural sights

Gomel is a very charming Belarusian city, full of unspeakable charm. Many visitors of the city prefer to stroll through its picturesque streets in the evening, because in the light of the lamps Gomel looks simply unique. The main historical landmark of the city with a centuries-old history is the Gomel Palace and Park Ensemble. The central facility of the ensemble is the palace of Rumyantsev-Paskevich, which is made in the style of strict classicism. Its construction took place during the … Read further

Lugano attractions and entertainment

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Konya for families and kids

Konya is a great place to relax with children. The city has a lot of unique attractions and entertainment. A great place to relax in the fresh air will be Alaeddin Hill Park. It is located on the top of a hill. There are several important historical sites located here, including the Alaeddin Mosque. The park is characterized by a variety of large trees and exotic plants. There are shops everywhere and a mass of free space for active games. From the observation platforms of the park opens a chic … Read further

Shopping in Kalimantan Island

There is something you should definitely bring from your trip to Kalimantan. We talk about the gemstones. Here, till the present day, diamonds, agates, rubies, sapphires, and other jewels are mined using opencast methods. Anyone can roll the dice, that’s why there are enough people, who want to get rich, selling rare gemstones. According to the market, high competition and a relative “cheapness” of the pray, lead to the prices, which are twice or three times lower than those of the … Read further

Extreme and fun in Liege

Tour of Liege on a Two-Tiered Vessel “Vauban”. You can visit the tour agency to take a tour of Liege. It is located on the 92 Feronstree Streets. You can choose from several options for excursions around the city that suits you best. For example, you will be given the opportunity to choose a cruise on the Meuse River on a small two-tier vessel "Vauban". You can board it at the pier. It is located near the Quai Édouard van Beneden promenade. The trip along the river will last 60 minutes. … Read further