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According to a survey conducted among more than 600 lodging enterprises in China in February 2020, the average room rates of guesthouses dropped by 50 percent during the coronavirus outbreak, compared to the same period last year. The average room price of the surveyed hotels also decreased by 11 percent.
Year-on-year decrease in average room rates during the coronavirus COVID-19 outbreak in China in February 2020, by accommodation type
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199IT. (July 21, 2020). Year-on-year decrease in average room rates during the coronavirus COVID-19 outbreak in China in February 2020, by accommodation type [Graph]. In Statista. Retrieved June 01, 2024, from https://www.statista.com/statistics/1134994/china-covid-19-impact-on-room-rates-by-accommodation-type/
199IT. "Year-on-year decrease in average room rates during the coronavirus COVID-19 outbreak in China in February 2020, by accommodation type." Chart. July 21, 2020. Statista. Accessed June 01, 2024. https://www.statista.com/statistics/1134994/china-covid-19-impact-on-room-rates-by-accommodation-type/
199IT. (2020). Year-on-year decrease in average room rates during the coronavirus COVID-19 outbreak in China in February 2020, by accommodation type. Statista. Statista Inc.. Accessed: June 01, 2024. https://www.statista.com/statistics/1134994/china-covid-19-impact-on-room-rates-by-accommodation-type/
199IT. "Year-on-year Decrease in Average Room Rates during The Coronavirus Covid-19 Outbreak in China in February 2020, by Accommodation Type." Statista, Statista Inc., 21 Jul 2020, https://www.statista.com/statistics/1134994/china-covid-19-impact-on-room-rates-by-accommodation-type/
199IT, Year-on-year decrease in average room rates during the coronavirus COVID-19 outbreak in China in February 2020, by accommodation type Statista, https://www.statista.com/statistics/1134994/china-covid-19-impact-on-room-rates-by-accommodation-type/ (last visited June 01, 2024)
Year-on-year decrease in average room rates during the coronavirus COVID-19 outbreak in China in February 2020, by accommodation type [Graph], 199IT, July 21, 2020. [Online]. Available: https://www.statista.com/statistics/1134994/china-covid-19-impact-on-room-rates-by-accommodation-type/