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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