Prado Museum Reports 75 Percent Loss in Revenue in 2020

A fuller picture of how Covid-19 lockdowns affected museum revenue is beginning to emerge, with international museums starting to reveal just how much they lost last year. The Museo Nacional del Prado in Madrid reported on Monday that it sustained a 75.5 percent decrease in revenue in 2020, ending the financial year with a loss of 18.5 million euros ($22 million).The lockdown provoked an unprecedented drop-off in attendance, with an 84 percent decline in ticket sales and a 90 percent decline in