Hotels become quarantine facilities to survive Covid
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Some 10 percent of hotels in big cities are used exclusively for quarantining Covid-19 patients and those who were in close contact with patients, according to Savills.
They include 25 in HCMC with more than 3,000 rooms, mostly in Districts 1 and Tan Binh, 20 with 1,600 rooms in Hanoi and 34 with 3,000 rooms in Da Nang.
The fourth wave of the Covid pandemic led to the lowest occupancy rates in a decade and a drop in room rents.
Average occupancy rates at 3-5-star hotels in Hanoi regularly topped 74 percent in the decade before the pandemic.
In 2020, it fell to 30 percent, and the average room rent to $81 from $113.
In the first half of this year, they declined further to 25 percent and $72.
In HCMC, the rate this year has been only 18 percent due to stringent social distancing regulations, and the rent fell to $69.
The switch as medical isolation areas has thrown all of them a lifeline.
Questions & Answers
Q.What proportion of city hotels are currently being used as quarantine facilities?
What proportion of city hotels are currently being used as quarantine facilities?
According to Savills, approximately 10 percent of hotels located in large cities are now exclusively designated for quarantining Covid-19 patients and individuals who have been in close contact with them.
Q.How have occupancy rates and room rents changed in Hanoi since the pandemic began?
How have occupancy rates and room rents changed in Hanoi since the pandemic began?
Hanoi's average occupancy fell from over 74 percent before the pandemic to 30 percent in 2020, and then to 25 percent in the first half of this year. Average room rent decreased from $113 to $81, and then to $72.
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