Central Region Sees Sharp Drop in Hotel Occupancy..

The central region’s occupancy rate dropped to 37.52% in May, down from 44.41% in April, according to economist Almandro Jansen from Simonis Storm. The decline is likely linked to a decrease in corporate or event-related travel. Hospitality Association CEO Gitta Paetzold notes that while coastal occupancy also dipped to 54.43%, the area remains popular with both leisure and business visitors.