French Hotel Industry Performances
The market performance of the French hotel industry remained gloomy in march. Paris and the French Riviera are the most severely hit. In the Regions (outside Paris & Riviera), the drop of activity was not so drastic. However occupancy rates remained low (below 55% in 3-star and 4-star categories). Still some regional metropolis did well (Lille, Strasbourg, Lyon, Rennes, Nantes and Nancy) and benefited from increased Room revenues.