The strong recovery in the hotel market was interrupted during the last weeks of 2021 and the beginning of 2022 because of Omicron. Hotel companies’ expectations regarding the first quarter of 2022 went from positive to sharply negative.

Despite this, the pandemic is now judged to be subsiding and all restrictions have been lifted. Against this background, Annordia believes that we will have a strong recovery in demand from the spring and onwards.

Please download the report here:
Hotel Market Update Annordia February 2022.pdf