Industry Update
Editorial Article 4 January 2010

French Hotel Industry Performances - November 2009 [inactive]

A brighter spell for Parisian hotels

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Parisian hotels picked up somewhat during November. With the exception of 3 star standard hotels, all categories recorded a rise in demand. However, it should be noted that these results are compared against November 2008 when activity had sharply declined. This trend was, unfortunately, not mirrored throughout France. Rooms revenue in the regions and on the Côte d'Azur was still in significant decline.

The Côte d'Azur was one of the destinations that once again sufef red the most during November 2009. Upscale hotels saw RevPAR dropping by 20%. Four star boutique and upscale hotels in Cannes were particularly affected, with rooms revenue declining by over 30%. The stagnation in demand for Monaco's superior 4 star hotels masked significantdrops in demand for the majority of hotels.

Related Document

French Hotel Industry Performances - November 2009

Parisian hotels picked up somewhat during November. With the exception of 3 star standard hotels, all categories recorded a rise in demand. However, it should be noted that these results are compared against November 2008 when activity had sharply declined. This trend was, unfortunately, not mirrored throughout France. Rooms revenue in the regions and on the Côte d'Azur was still in significant decline.
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