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Swiss hotel overnight-stays down by almost 50%

National News // Aug. 7, 2020

Overnight-stays at Swiss hotels have plunged by a record 47.5% in the first half of the year - with foreign demand down by three fifths. 

 

Unsplash Swiss hotel overnight-stays down by almost 50%
 
Summer travellers from the Middle East and Asia are staying away due mostly to the 10-day quarantine restrictions. 
 
The President of the Geneva Hotel Association has told the Reuters news agency the city’s hotel business is in “intensive care”, with around 40 hotels shut completely. 
 
Thierry Lavalley says the impact has been “catastrophic”. 
 
It’s estimated hotel revenue could drop by up to 80% compared to 2019. 
 
 

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