AHP: "It is overwhelming, it is impossible to maintain such a business ”

Assessing survey results “Impact of covid-19 on Hospitality - 4th phase - Summer Balance / Autumn Outlook ”, that Opção Turismo already released, it can be concluded that 40% of the associates of the Portuguese Hospitality Association (AHP) opened doors, in the period under review, but at least 30% of the total rooms were closed.

The truth is that no one was, basically, open to 100%, revealed the executive chairman of AHP, Cristina Siza Vieira.

Regarding the occupancy forecasts for October, November and December, forecasts point to the following occupancy rates:

Norte – taxes of 26%, 20% e 21%, respectivamente;

Algarve – taxes of 24%, 13% e 9%, respectivamente;

Center - rates 23%, 13% e 11%, respectivamente;

Lisbon Metropolitan area – 15%, 10% e 9%, respectivamente;

Alentejo – taxes of 33%, 12% e 12%, respectivamente;

Açores – 13%, 7% e 7%, respectivamente;

Madeira – 24%, 17% e 15%, respectivamente.

If these rates are verified, the CEO of AHP barely comments that it's overwhelming, it is impossible to maintain such a business.

Ending the recitals on the results of the survey “Impact of covid-19 on Hospitality - 4th phase - Summer Balance / Autumn Outlook ”, Cristina Siza Vieira considers that the most significant paradigm shift in hospitality is due to the fact that, neste momento, the vast majority of reservations are refundable in the event of cancellation, what didn't happen before, com 60% of respondents to admit having 90% a 100% refundable bookings for October to December.

Alentejo is the exception, com cerca de 60% of refundable reserves in that period, finalized the executive president of AHP.