More than 240,000 hotel rooms stand closed or unoccupied and 300 hotels have shut their doors entirely as the national lockdown and ban on international travel devastates the leisure industry.

Hotel analysts STR estimate between 10 per cent and 21 per cent of capital city hotel rooms were closed as of April 22. Of those still open, average occupancy rates are just 20 per cent. That means more than 240,000 of the estimated 300,000 hotel rooms are either closed or unoccupied.