Occupancy rates at Irish hotels sharply decline
New industry figures show such accommodation providers across Europe are suffering due to Covid-19 crisis
The average daily rate (ADR) for Irish hotels was down 24.6 per cent to €106.94 last month
While more people have taken so-called “staycations” over the summer, occupancy rates at Irish hotels were two-thirds lower in July than for the same month a year ago, industry figures show.
While the three key metrics used by the industry body to measure performance were significantly higher for Ireland than in June, they were still much lower than they would typically be due to the Covid crisis.
Occupancy rates at Irish hotels during July was down 62.6 per cent to 32.6 per cent, the lowest level ever recorded for the month.
Revenue per available room (RevPar) - a metric which assesses a hotel’s ability to fill its available rooms at an average rate - was 71 per cent lower at €34.85.
The average daily rate (ADR) was down 24.6 per cent to €106.94 last month.
The decline in occupancy rates was even higher in Britain, falling 67.1 per cent to 28 per cent with RevPar falling 79 per cent to £18.67 and ADR, down 36.3 per cent to £66.74.
Across Europe, the average RevPar was 73.4 per cent lower to €25.51 with ADR down 20.9 per cent to €96.43.