The association of Algarve hotels (AHETA) estimated that the average occupancy rate per room in the Algarve fell by 57.4% in October.
The average occupancy rate per room in the Algarve fell by 57.4% in October, compared to the same period in 2019, to 30.3%, the lowest level ever in the same month, the association of Algarve hotels (AHETA) estimated on Wednesday.
The AHETA also quantified a decrease in sales volume by 60.1% compared to the same period in 2019.
Contributing to the drop in average occupancy per quarter were the British market, which registered a drop of 89%, the German market, which fell 58.2% against the figure recorded in October 2019, and the Irish market, with 91.7% less, the association said.
In contrast was the Portuguese market, which showed the only rise (+58.6%) compared to the same month of the previous year.
The source also gave figures for the first 10 months of 2020, pointing out that since the beginning of the year, the room occupancy rate has fallen by an average of 55.1% and the volume of sales by 58.1%.
“The year-on-year drop in the occupancy rate during the tourist season (April to October) is 64.6%, while turnover fell 66% over the same period,” AHETA said.