The World Travel & Tourism Council (WTTC) today unveiled the remarkable growth of Travel & Tourism in France last year, with the sector’s GDP contribution surging by nearly 6% year-on-year to a record-breaking €246BN.
The vibrant and welcoming Moxy Hotel showcases stylish design, lively communal spaces, and the iconic Moxy Bar.
Located just 30 minutes outside Paris, timeless resort has been magnificently restored to showcase its historic buildings, monuments and gardens.
With one month until the start of the Summer Olympic Games, Paris hotel booking levels are nearing 80%, according to CoStar's latest Forward STAR data. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
The Whimsy Hotel & Spa Saint-Martin - MGallery Collection is a Dynamic New Development in the Caribbean.
Marriott International, Inc., announced its plans to expand its portfolio in France with the expected addition of 10 properties with over 1,000 rooms by the end of 2025. The anticipated openings will further strengthen the company’s footprint in France, where it currently has a portfolio of 69 properties with over 12,000 rooms across 16 brands and 29 cities, including Paris, Nice, Cannes, Lyon, Strasbourg, Marseille, Reims, Lille, Bordeaux and Toulouse.
Termination clauses in hotel management agreements (“HMAs”) are keenly negotiated by owners to ensure the liquidity of their investment. These usually include a termination provision in the event the operator underperforms, generally known as a performance test clause. How are these clauses challenged before the courts in France?
The City of Light enjoys a well-balanced blend of business and leisure demand resulting in both a broad seasonality and strong average rates. Since 2015, Paris has faced multiple challenges which highly disrupted hotel performances. As the city was recovering from the 2015-16 terrorist attacks, the ‘yellow vests’ movement and pension reform strikes of 2018-19 and the transportation strike of 2019, the COVID-19 pandemic hit the world. The market has since shown remarkable resilience and has gradually recovered, reaching record levels of RevPAR in 2023. Despite and throughout this tumultuous period, Paris has maintained its status as one of the most sought-after destinations for hotel investment, owing to its robust underlying fundamentals.
ALL, Accor’s booking platform and loyalty program, is now available via the SNCF Connect website and app, offering customers a seamless and fully integrated accommodation booking experience when making their travel arrangements. This strategic partnership between two leading French operators in the country’s tourism industry will enable users to access ALL’s extensive and diverse hospitality offering, combined with the range of sustainable transport options offered by SNCF Connect, to manage all their travel from beginning to end.
Radisson Hotel Group, in partnership with Redevco, a real estate investment and asset management company, is proud to announce the arrival of its Radisson Collection brand in the heart of Paris. The hotel, scheduled to welcome guests as of early 2027, will be located just steps away from the renowned Louvre Museum and Le Marais, in the highly anticipated BPM (Beats Per Minute) development. This mixed-use development takes place in an iconic and heritage-protected Haussman building which has recently commenced its rehabilitation work.
An enthusiastic individual with a passion for the drinks industry and high-end hospitality, Oscar joins the team at Le Grand Hotel Cayré following roles at Chez Caché, Les Bains, Lockwood, the Social Club at Wanderlust, and Silencio.
With industry-leading talent and a wealth of experience gained from roles at Georges, Regina Hotel, Comte de Gascogne, and Goumard Prunier, where he collaborated with Michelin-starred chefs, Bruno joins Le Grand Hotel Cayré as Executive Chef. His impressive career also includes holding the position of Executive Chef at Pierre Gagnaire's GAYA RIVE GAUCHE restaurant and Corporate Manager for twelve establishments under Alain Ducasse's helm. With his exceptional background, Bruno is an invaluable asset to the new Paris team, as he promises to enchant both hotel guests and locals alike with his meticulously crafted dishes.
Véronique has been the custodian of Hotel Cayré's (the former property) rich history for nearly a quarter-century. In her new role as Accommodation Director at Le Grand Hotel Cayré, Véronique will play a pivotal role, bringing extensive experience and a wealth of historical knowledge to the new property.
Having attended the Parisian hotel school Jean Drouant Hotel, Mickael gained extensive experience at the most prestigious addresses in Paris and abroad, including at Lutétia, Crillon, and Bristol. Prior to Miiro, Mickael was the General Manager of Les Bains, Paris. In his new role, Mickael will spearhead the Le Grand Hotel Cayré launch and lead his incredible team to deliver brilliantly considered experiences and memorable stays.
Home to the brand first every rooftop pool, with bar, pizza oven and barbeque Vibrant design inspired by the many renowned French painters who resided in Nice A new and unique offering the city, offering an energetic atmosphere to locals and visitors Located in the relaxed Riquier District, adjacent to the Old Port June 2024 will see Mama Shelter Nice open its doors in the alluring Côte d'Azur, in the artistic and epicurean city of Nice, with 102 rooms, a rooftop with pool, a bar and pizza counter, a restaurant, two workshops, two studios, and breakroom. Dropping another anchor in the Mediterranean, this opening will bring the 11th Mama Shelter location to France, totalling 18 worldwide.
Paris hotel bookings for the 2024 Summer Olympics are pacing above 60%, according to CoStar's latest Forward STAR data. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Accor CEO Sébastien Bazin discusses the upcoming Paris Olympics and hospitality opportunities.
In 2023, the hotel transaction volume in Greater Paris reached €1.7 Billion, marking a 27% rise from 2022. The significant increase was primarily driven by The Westin Paris transaction, making up 40% of the total volume, with a price per key exceeding €1.5 million. Excluding this major transaction, the total volume would have been 23% lower than the level recorded in 2022.
A new addition to the MGallery collection, located a stone's throw from Paris.
Château de la Croix des Gardes, a cinematic icon and the largest estate on the French Riviera, redefines luxury living, taking Mandarin Oriental Exclusive Homes' French Riviera collection to new heights.