In March of 2020 Curacao had a hotel occupancy of 34.1% which is a significant decrease of 40.3 percentage points compared to 2019 (74.4%). Figures are based on 10 CHATA member properties which represents around 1400 rooms.
MARCH
AVERAGE HOTEL OCCUPANCY
CURAÇAO
PERCENTAGE
100
90
80
70
60
%
50
40
30
20
10
0
74
34
2019
2020
The average daily rate (ADR) increased with 7% compared to 2019, from $175.87 to $188.26 in 2020.
MARCH
AVERAGE DAILY RATE
CURAÇAO
PERCENTAGE
$300
$--
$--
$200
$150
US DOLLARS
$150
$100
$--
$50
$--
$0
176
188
2019
2020
As for the revenue per available room (RevPAR), numbers indicate a significant decrease as well of 51%. The revenue per available room in 2019 was $130.83 and in 2020 it was $64.17. The unfortunate significant drop in figures are due to the infamous COVID-19 pandemic and all the travel bans and lock down measures taken to prevent spreading of the virus.
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