According to end-of-year results released by MKG Hospitality's database Hotel CompSet, the French hotel industry has secured positive growth in 2008, if ever so slightly, as it prepares to tackle this year's economic recession.
The Revenue per available room of French chain hotels shows in September 2008 a drop of 3.8%. This expected result is attributed to a remarkable September 2007. More particularly Paris suffered from the absence of the Rugby World Cup this year. On a national level, the global occupancy rate dropped by 3.4 points. Whereas, economic hotels are proving their ability to resist, the upscale category is more affected with a drop of its occupancy and average daily rates.