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Economy

UK vs. EU Hotels Performance, Summer 2020

Source: https://huq.io/indicators/retrospective-uk-vs-eu-hotels-performance-summer-2020/

Europe’s hoteliers enjoyed a far stronger post-lockdown recovery than those in the UK over summer, with hotels on the continent experiencing guest levels comparable to 2019 whilst the UK struggled to muster much more than 70%.

Indexed to the weekly average for the same date last year, accommodation providers in Europe saw levels rebound swiftly in June and maintain close to 100% of last year’s levels until September. The UK saw a far slower rate of recovery, climbing gradually to a peak of 75% over the August bank holiday.

Ahead of official reporting via the UK’s accommodation representative, VisitBritain, Huq’s Big 6 Consumer Index shows how the bubble of summer staycations has burst as cases rise and tighter restrictions apply across both regions. Hotel attendance in both the UK and Europe has now dropped to 60% and 50% of last year’s levels respectively.

To learn more about the data behind this article and what Huq has to offer, visit https://huq.io/.

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Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

DATA PROVIDER SPOTLIGHT

Advan

Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

Advan is headquartered in New York City. For more information please visit www.advan.us