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Opinion Article

The Paris Hotel Market - Illuminations from the City of Light

This article presents an overview of hotel performance for the Paris market from 2007, through the depths of the economic crisis, and into the beginning of the recovery in late 2010; we also provide our views on expected performance for the next three years. Finally, we briefly discuss the transactions market, values per room and new investors over the last year.

Sophie Perret
By Sophie Perret, Managing Director, HVS London office, HVS
Paris, France

This article presents an overview of hotel performance for the Paris market from 2007, through the depths of the economic crisis, and into the beginning of the recovery in late 2010; we also provide our views on expected performance for the next three years. Finally, we briefly discuss the transactions market, values per room and new investors over the last year. From these various angles, the resilience of the Parisian market and its bright prospects become evident.

Europe France Paris
Sophie Perret
Sophie Perret
Managing Director, HVS London office, HVS

Sophie Perret is managing director of the HVS London office. She joined HVS in 2003, following ten years’ operational experience in the hospitality industry in South America and Europe. Originally from Buenos Aires, Argentina, Sophie holds a degree in Hotel Management from Ateneo de Estudios Terciarios, and an MBA from IMHI (Essec Business School, France and Cornell University, USA).

HVS
Consultant

HVS is the world's leading consulting and services organization focused on the hotel, restaurant, shared ownership, gaming, and leisure industries. Established in 1980, the company performs more than 2,000 assignments per year for virtually every major industry participant. HVS principals are regarded as the leading professionals in their respective regions of the globe.

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