swiss hotel industry
Hotel Industry: A Wave of Bankruptcies Remains Possible in Switzerland
Benoît Perrier | June 23, 2021
With a 40% drop in the number of overnight stays in 2020, the Swiss hotel sector is on the verge of suffocation. An exceptional season this summer, however, could limit the damage. By Benoît Perrier Hotels on pause The phone rings desperately in the void. Since September 2020, employees of Hotel Le Richemond have been sent home. The health crisis got the better of the 5-star hotel and its 150 years of history of the Geneva institution. Management had no choice but to put hotel activity on hold until further notice. This dramatic situation is far from being an isolated case. In Lausanne, the Royal Savoy has been at forced rest si...
Coronavirus: What Impact on the Swiss Hotel Industry
Dr Giuliano Bianchi | February 12, 2020
Following the outbreak of the coronavirus there will inevitably be a shutdown of Chinese tourists. How bad is this for the Swiss tourism industry? Forecasting the Effects of Coronavirus on the Swiss Hotel Industry A novel coronavirus (formally known as 2019-nCoV) has sprung up over the last few weeks, with its epidemic center in Wuhan, the capital of Hubei province (China). Little is known about this virus, but we do know that has an incubation period of 2 to 14 days and a mortality rate of 2.07%, according to CNN. While urgent research is being carried out, authorities are taking steps to contain the spread of the virus by closing air traf...
