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Indicators of Hotel Sector Profitability. 04/2020

The first section of Order SND/257/2020 of 19 March declaring the suspension of the opening of tourist accommodation establishments to the public, in accordance with article 10.6 of Royal Decree 463/2020, of 14 March, whereby a state of alarm is declared for the management of the health crisis situation caused by COVID-19, establishes the suspension of the opening of hotels and short-stay tourist accommodation to the public. From 19 March onwards the above establishments gradually closed and on 26 March they suspended their activity for tourist purposes. Tourist activity at hotels in April was therefore zero and, as there was no revenue resulting from tourist activities, the average billing per occupied room at hotel establishments (ADR) and the revenue per available room (RevPar) were also zero.