Deloitte's January 2011 - French Hotel Industry Performances | An encouraging start to the year.
The new year saw hoteliers hit the ground running. In Paris and throughout France, RevPAR increases in January were substantial, thanks to the combined effects of higher occupancy and average rates. However, these increases should be put in perspective. On the one hand, and with the exception of Paris and several large regional cities, business activity remained modest, with occupancy not quite hitting the 50% mark in the upscale and midscale...