Hotel industry suffers enormous losses
22:20
The information from the Chamber of Commerce of the Polish Hotel Industry (IGHP) shows that nearly 70 percent of hotels offered a lower room rate than in May two years ago. 76 percent of hotels recorded an average occupancy rate of no more than 30 percent, of which 47 percent below 20 percent, and 20 percent less than 10 percent of occupancy;
As many as 67 percent of hotels recorded prices lower than in May 2019, with 35 percent of the drops were greater than 10 percent, and for 21 percent…
This article is for subscribers
Warsaw Business Journal subscribers get the full archive (12,248 articles going back to 1995) and the print edition.
SubscribeOr try Poland A.M. free for 7 days, the daily briefing, or see all plans and prices.