Hotels and other collective accommodation establishments see a decrease by more than 55% in guests during the third quarter of 2020, when compared to the same period in 2019. This comes out from the Collective Accommodation Establishments: Q3/2020 published by the National Statistics Office (NSO).
The reports show that even the number of nights spent in accommodation establishments during the third quarter of 2020 decreased by 66.3 per cent respectively when compared to the same 9 months last year.
During the third quarter of 2020, total guests in hotels amounted 264,444, while total nights accounted for, almost, 1.1 million nights.
Positive results for pandemic reality
In a statement the Government says the results are positive when considering the pandemic. The Covid-19 pandemic has limited incoming tourism therefore leaving a major impact on the industry.
The economic regeneration measures put in place during the pandemic, and Maltese choosing to spend their holidays in Malta contributed to limit the damages, Government said.
‘Businesses in our country will continue to function and will be ready for when external demand will pick up again. That is why, according to the European Commission, by 2022 the growth rate forecast for our country will again be double the European average’, concluded the statement.
The Government forecasts a boost in the economy in the coming months through the budget measures announced earlier this month, including a second round of vouchers.