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  • 26-07-20

    In Turkey Hotel tenancy speed downhill by half in first half

    (MENAFN) On Friday July 24 a hotel association stated that the hotel tenancy rate across Turkey was 33.4 percent in the first half of 2020, throughout the climax period of the coronavirus pandemic, losing 47.3 percent from the similar time last year.

    The Turkish Hotel Association (TUROB) added that the sector's income per obtainable room (RevPAR) and average daily rate (ADR) for rooms also positioned reduces.

    RevPAR place at 19.2 Euro (21.1 USD), down 56 percent, whereas ADR for rooms dropped by 16.6percent to 57.7 Euro yearly in January-June time.

    In Europe generally, the hotel tenancy rate was 21.6 percent and RevPAR was 17.7 Euro in excess of the same time

    MENAFN2607202000450000ID1100544960

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