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Hotel occupancy projected to remain low

AHATA: Hotel occupancy projected to remain low

The Aruba Hotel & Tourism Association conducted a survey of hotels to measure tourism’s recovery and any progress made in occupancy.  The survey showed that recovery remains slow and gradual.

For the month of July, the projected average occupancy remains at 9%. Hotels forecast an average occupancy of 18% for August on Aruba, with a gradual growth towards a 40% occupancy rate in December. Indications are that Timeshare hotels are experiencing a higher occupancy in July, estimated at 35% on average.

The road to recovery is long and tourism-related companies shall experience higher cost than income levels for quite some time. Programs such as the wage subsidy allow companies to survive and retain employment. Payroll is only one segment of a company’s costs, so the subsidy only helps partially. However, without the wage subsidy during the recovery period, many companies would need to file for bankruptcy or restructure its operations.  


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AHATA: Ocupacion na hotel ta na nivel di perdida financiero

 

Aruba Hotel & Tourism Association (AHATA) a hasi un encuesta serca hotelnan pa midi progreso den ocupacion y expectativa pa recuperacion di turismo.  E resultado a demostra cu recuperacion ainda ta poco poco. 

Proyeccion pa ocupacion den luna di Juli ta keda na 9%. Hotelnan ta raporta cu ta ricibi cancelacion continuamente. Expectativa ta pa un ocupacion averahe di 18% na Augustus y crecemento gradual cu lo yega ocupacion di 40% na December.  Tin indicacion cu hotel Timeshare lo tin ocupacion mas halto na Juli, proyecta na 35%. 

E temporada di recuperacion ta largo y ta un temporada unda gasto ta hopi mas halto cu entrada pa companianan cu ta depende di turismo. Ayudo financiero manera subsidio di salario ta necesario pa por mantene mas tanto compania habri cu ta posibel y mantene e nivel di empleo. Asina mes e salario ta solamente un parti di tur e gastonan di un compania, kiermen e subsidio ta yuda cu un parti so. Pero, sin e subsudio durante temporada di recuperacion gradual, hopi compania lo mester sera porta of restructura.

Posted on Jul 23, 2020