Expected revenue of hotel, restaurant, and tourist companies in Denmark 2020
One in three hotel and restaurant companies had a constant or positive revenue growth in July 2020. On the other hand, many businesses experienced a decrease in revenue that month. In detail, more than nine percent of the respondents stated to have experienced a decrease in revenue from 80 to 99 percent. For the upcoming months, the outlook seemed more positive. As of October 2020, 26.5 percent of businesses in the tourism industry expect to reach a revenue matching the usual growth rate.
