Azerbaijan-based hotels see 16% decline in revenues
Tourism
- 24 April, 2020
- 09:00
Global coronavirus outbreak has negatively affected the tourism sector worldwide. Azerbaijan also faced this problem, and the hotels and other facilities saw a decline in the revenues in January-March 2020, Report informs, citing the State Statistical Committee (SSC).
The incomes of the hotels in the first quarter dropped 15.8% to AZN 60 million, of which 58.5% came from services on presentation of rooms, 27.8% public catering services, 3.9% from treatment, and health services, 9.8% from other services.
Latest News
21:50
ADIF plans to raise threshold for direct sales on Electronic Auction Portal
Finance21:03
Azerbaijan boosts apple export revenues by nearly 10%
Business20:43
Azer Amirov: Azerbaijani Deposit Insurance Fund not responsible for privatization vouchers
Finance20:35
Intern arrested on suspicion of spying at NATO military HQ in Belgium
Other countries20:15
IRGC says it stopped four ships trying to transit Strait of Hormuz
Other countries19:55
Azerbaijan's persimmon exporsts approched 41,000 tons in 1H2026
Business19:40
Azerbaijan expanding cooperation with IMF on fiscal statistics
Finance19:23
Compensation for banks under liquidation in Azerbaijan exceeds $1B
Finance19:09