Due to the impact of the coronavirus (COVID-19) pandemic, the monthly revenue generated by hotels and similar establishments in Brazil dropped significantly in April 2020, reaching only 430 million Brazilian reals. Between May and August 2020, this industry's revenue showed a moderate but steady recovery, eventually bouncing back to over 1.5 billion Brazilian reals in September of that year. However, this still represented a decline of over 30 percent compared to the same month of 2019.
Revenue of hotels and similar establishments in Brazil from September 2019 to September 2020
(in billion Brazilian reals)
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Confederação Nacional do Comércio de Bens, Serviços e Turismo (Brasil), & Cielo (Brazil). (November 3, 2020). Revenue of hotels and similar establishments in Brazil from September 2019 to September 2020 (in billion Brazilian reals) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1240122/monthly-revenue-hotels-brazil/
Confederação Nacional do Comércio de Bens, Serviços e Turismo (Brasil), und Cielo (Brazil). "Revenue of hotels and similar establishments in Brazil from September 2019 to September 2020 (in billion Brazilian reals)." Chart. November 3, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1240122/monthly-revenue-hotels-brazil/
Confederação Nacional do Comércio de Bens, Serviços e Turismo (Brasil), Cielo (Brazil). (2020). Revenue of hotels and similar establishments in Brazil from September 2019 to September 2020 (in billion Brazilian reals). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1240122/monthly-revenue-hotels-brazil/
Confederação Nacional do Comércio de Bens, Serviços e Turismo (Brasil), and Cielo (Brazil). "Revenue of Hotels and Similar Establishments in Brazil from September 2019 to September 2020 (in Billion Brazilian Reals)." Statista, Statista Inc., 3 Nov 2020, https://www.statista.com/statistics/1240122/monthly-revenue-hotels-brazil/
Confederação Nacional do Comércio de Bens, Serviços e Turismo (Brasil) & Cielo (Brazil), Revenue of hotels and similar establishments in Brazil from September 2019 to September 2020 (in billion Brazilian reals) Statista, https://www.statista.com/statistics/1240122/monthly-revenue-hotels-brazil/ (last visited November 21, 2024)
Revenue of hotels and similar establishments in Brazil from September 2019 to September 2020 (in billion Brazilian reals) [Graph], Confederação Nacional do Comércio de Bens, Serviços e Turismo (Brasil), & Cielo (Brazil), November 3, 2020. [Online]. Available: https://www.statista.com/statistics/1240122/monthly-revenue-hotels-brazil/
