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In order to answer precisely and more broadly to the questions on the state of health of the sector, EXTENDAM set up an indicator allowing to measure and follow the impacts of Covid-19 on the business hotel industry on March 13th, 2020, and shared its first observations. In partnership with InExtenso/STR, E-Axess-Spot Pilot, Api & You, Adaptel, Zenchef, Deutsche Bank, the management company now shares the results of the indicator, updated to April 15th, 2020. This indicator is updated and shared on a regular basis.
Today, real estate specialists agree that, along with retail, hospitality is one of the sectors most affected by the crisis linked to the Covid-19. Hoteliers are holding their breaths while already preparing for the post-crisis, convinced of the resiliency of their market.