French Hotel Industry Performances September 2012 | Autumn sends a chill across the French hotel industry
September proved disappointing for hotel professionals, with performances down on last year's results. Traditionally a strategic month for the hotel industry, September saw occupancy in most areas and hotel categories drop. The decline was more or less flagrant, depending on the destination, and although a few exceptions were noted, the general underlying trend was present. Admittedly, average rates grew, but with the exception of Paris, increases were not sufficient to curb falling rooms revenue.
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In Extenso Avocats is a network of business law firms. Specialised in hotel and tourist accommodation law, our lawyers advise hotel and tourist residence owners and operators, real estate and hotel investment funds, as well as private and public investors in France and abroad. For more information please visit www.inextenso-avocats.com/en/.
