Reports

French Hotel Results | French hotels close 2006 at the top as MKG predicted | MKG reports

Preliminary results from the daily hotel statistics observatory at MKG Consulting for November 2006 establish growth in the revenue per available room at 7.9% across all categories, thanks to occupancy rates that improved by 1.6 points and growth in average daily rates by 5.3%. Such performance is all the more satisfying since results in November 2005 were already excellent despite urban violence throughout France. Moreover, Paris hotels did not benefit from the Batimat show that made a significant contribution to the good results of 2005.

France | A month of growth for the French hotel | BDO MG Hôtels & Tourisme - September 2006

In Paris like in the other French regions, hotel markets have benefitted from an increase in the RevPAR. This is especially true for the Parisian hotels, with growth rates ranging from 7.3% for the 2 star hotels up to 15.5% for the upscale category. Even if the increase in room revenue for the regional hotel markets is less strong, local hoteliers can still proud themselves on a growth rate between 2.1% for the 2 star hotels and 4.7% for the 4 star hotels.