Αssociated Press reports that Hilton lost $432 million in the second quarter, but occupancy rates began to improve as hotels reopen and coronavirus restrictions were lifted around the world.
Occupancy levels grew by 20 percentage points in the U.S. and 15 percentage points in Asia between April and June. Tourism in beach towns like Norfolk, Virginia, have recovered more quickly in the U.S. than cities like New York and Seattle, according to STR, a hospitality data and consulting firm.
Occupancy averaged 22% at Hilton hotels for the April-June period, down 56% from the same period a year ago. Occupancy levels were highest in Asia, at 29%, and lowest in Europe, at 7%. U.S. occupancy levels averaged 24%.
Read the full report at thenationalherald.com
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations, Greek travel market, Greek tourism statistics, Greek tourism report
Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Dgmascarina
