News

Hotel Market Update May / 20

Hotel Market Update May / 20 describes developments up to and including March 2020 in the Nordic hotel markets. Effects of the covid-19 pandemic have led to a sharp slowdown in demand for hotel rooms in the Swedish hotel market. Occupied hotel rooms fell by 46 percent in March compared to March 2019. Furthermore, hotel companies’ expectations of demand over the next three months indicate continued extremely weak demand. Download the report here: (Swedish)

Hotel-Market-Update-Annordia-MAJ-2020-1.pdf