Luxury hotels in Dhaka are facing severe declines in occupancy due to recent violence and a nationwide curfew related to the quota reform movement. Occupancy rates have plummeted to 10-30%, with cancellations increasing since mid-July. Corporate events, conferences, and exhibitions have also been called off, exacerbating the situation. Some hotels report up to a 90% drop in guests and an 80% decline in bookings, resulting in significant financial strain due to high maintenance and operational costs. The recovery outlook remains uncertain until the curfew is lifted and stability returns.
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