Deloitte - French Hotel Industry Performances (April 2013) - Sluggish performance of the French hotel industry

Directly dependent on the economic context, the hotel industry saw a further drop in rooms revenue in April. Even Paris and the Côte d'Azur – who have up till now managed to resist – experienced a decline in revenues. Occupancy continues to suffer as a result of the gloomy economic environment, but more worryingly, average rates are now starting to fall, which does not herald good news for the industry.