Deloitte - French Hotel Industry Performances (January 2013)
The year 2013 started badly for the French hotel industry. With the exception of a few destinations currently benefitting from locally-held events, the majority of French cities recorded results inferior to last year's. Declining occupancy had a harmful effect on rooms revenue in Paris and on the Côte d'Azur, too.
The year 2013 started badly for the French hotel industry. With the exception of a few destinations currently benefitting from locally-held events, the majority of French cities recorded results inferior to last year's. Declining occupancy had a harmful effect on rooms revenue in Paris and on the Côte d'Azur, too. 2013 got off to a bad start, with January's performances down on last year's. Rooms revenue declined by 2% to 3% compared to 2012; a phenomenon affecting most destinations in France. Paris and the Côte d'Azur proved no exception, recording lower RevPAR performances than last year. Regional France was hit especially hard, with hotels posting 2% to 12% drops in rooms revenue.
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