31 March 2021 Newsletter
Hospitality statistics in Q4 2020 show huge impact of Covid-19 “second wave”
Recent statistics published by Eurostat for turnover for accommodation and food service activities in Q4 2020 show the drastic impact of COVID-19 induced measures restricting tourism and the opening of hospitality establishments.
27 January 2021 Newsletter
Q2 and Q3 2020 figures show sharp decline in hospitality employment and turnover
Before the outbreak of the Covid-19 pandemic, the hospitality sector provided 12 million jobs per year, represented 2 million companies (90% of them are micro-enterprises) and contributed with 5% of the GDP to the EU economy.
25 November 2020 Newsletter
Slight summer recovery for hospitality sector stopped short by 2nd wave of COVID infections
Despite historically low occupancy rates – averaging 38.9% during August across Europe – the summer period marked by a degree of recovery of Europe’s hotel sector following the easing of travel restrictions and the opening of certain borders.