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French Hotel Industry Performance - September 2016

September saw a decline in occupancy and average rates for all categories, with all major areas in France affected. Ile-de-France, the Côte d'Azur, and even Regional France, recorded lower RevPAR in all segments, with the exception of Luxury. However, given the solid performances recorded since early 2016, year-to-date results for Regional France are still up on last year's performances. Yet given the underlying trend, certain hoteliers have been forced to scale down their Q4 forecasts.

In Extenso Avocats

France

STR: Paris hotels continue to struggle from terrorism concerns

Still feeling the effects of three major terrorist attacks in France, Paris' hotel industry saw a 15.1% decline in revenue per available room (RevPAR) through the first three quarters of 2016, according to STR.

CoStar

Paris, France

The Hoxton announces two hotels

The Hoxton has announced that it will open The Hoxton, Paris and The Hoxton, Williamsburg in 2017. The Hoxton, Paris is set to open in late Spring and will be the brand's 4th hotel and second in Europe, whilst The Hoxton Williamsburg will be the brand's first hotel in North America.

Ennismore

Paris, France

Boutique & Lifestyle Lodging Association To Hold First Ever Paris Conference at EquipHotel Trade Show

The Boutique & Lifestyle Lodging Association (BLLA) will host the association's first ever Paris Conference on November 9, staying true to its mission to provide opportunities for global recognition and connections for the world's best in hospitality. BLLA is the official organization to the world's premiere boutique hotels, dedicated to connect independent, upscale hoteliers with fellow industry innovators. BLLA's Paris Conference, which will be held at the travel industry's premiere trade event, EquipHotel, will create an intimate networking environment for leaders in the hospitality industry, as well as opportunities to learn from the field's revolutionaries.

BLLA

Paris, France

French Hotel Industry Performance - August 2016

Hotel performances for August in Paris and, as feared, on the Côte d'Azur dragged down the results for the industry as a whole, in spite of the encouraging performances recorded in Regional France and in Coastal areas. Altogether, RevPAR fell in all categories, except in the Super-budget segment. The Upscale and Luxury categories were the most affected over the two summer months.

In Extenso Avocats

France

Radisson Blu opens in Lyon, France

The new Radisson Blu Hotel in Lyon will open 1st October 2016. The stylish and contemporary hotel, located on the upper floors of Lyon's iconic Part-Dieu tower, known locally as "Le Crayon", boasts breath-taking views of the city's historical quarter, the French Alps and Mont Blanc, and marks a welcome return for the Radisson Blu brand in the city.

Radisson Hotel Group

Lyon, France

Kimpton Hotels & Restaurants to Debut in the Fashion Capital of Paris

InterContinental Hotels Group (IHG), one of the world's leading hotel companies, has announced plans to open the first Kimpton® hotel in the home of European fashion and design - Paris. Situated in one of the city's most sought-after districts, near the famous Paris Opéra, the luxury hotel is set to open its doors in 2020.

IHG

Paris, France

Le Meridien Crown Jewel Shines in the City of Light: Brand Reintroduces Its First-Ever Hotel to Paris

From the birthplace of the brand, Le Méridien Hotels & Resorts – part of Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) – today marked a milestone as its first-ever hotel and celebrated flagship in Paris revealed the completion of its multi-million dollar renovation. Following the hotel's transformation, Le Méridien Etoile now boasts reimagined guestrooms, suites and the transformation of the hotel's public spaces, including the legendary Jazz Club Etoile and brand's signature lobby concept: Le Méridien Hub.

Starwood

Paris, France

August 2016: bleak outlook for French hoteliers | hospitality-on.com

This August 2016 once again offers bleak results marked by a more generalized down trend. Unlike the previous months, no category was spared and the trend may be observed in the different regions as well as in Paris and the Ile de France. The impact of the attacks last July 14 in Nice was unfortunately quick to take effect: the strong drops in Paris, the Île de France and PACA regions all pulled the national result down into the red, even if certain regions, particularly shorelines, showed slight growth.

hospitality-on.com

France

French Hotel Industry Performance - July 2016

The Euro championships organised in France and the daily hotel performances communicated by our partner, STR, signalled some hope for July. Paris and the Côte d'Azur finished July on a very negative note, with RevPAR significantly dropping in all categories, given the sharp decline in occupancy. However, Regional France withstood better, recording encouraging increases in RevPAR (+4% to +9%, depending on the category), boosted by growth in average rates.

In Extenso Avocats

France

Living in fear, but keeping a smile

The debates that are stirring up the French population and are being fed by the beginning of the presidential campaign have cast a pall over the image of a welcoming country. Any demonstration of cultural diversity seems to purposefully goad the perfect model of a secular republic.

By Georges Panayotis, President & Founder of MKG Group & Hospitality ON, Hospitality ON

France

July: France's hotel industry continues its course... | hospitality-on.com

This July 2016, France's hospitality industry continued to follow the trend established since the beginning of the year, producing highly contrasting - and even opposing - results depending on region and range. While in the Paris region brighter skies are not always in the forecast, and the French Riviera is in mourning, other dynamics persist in the different regions.

Hospitality ON

France

Summer 2016: A first assessment of France's hotel industry

While summer 2016 logically presented a downturn for the hotel industry in the Paris region and on the French Riviera due to security concerns, other seaboard areas, the provinces and certain new regions in particular brought a welcome ray of sunshine. This summer's first overview including all the figures by sector in our infography.

Hospitality ON

France

Hotel rates in Paris halved as visitor numbers slide | telegraph.co.uk

Hotels in Paris are offering discounts of up to 56 per cent in a bid to entice tourists back to the city.

The recent terror attacks in France have had a devastating impact on the country’s tourism industry. According to Matthias Fekl, the junior minister for tourism, hotels in Paris had an occupancy rate of just 32 per cent in the second half of July, compared to 77 per cent for the same period in 2015.

telegraph.co.uk

Paris, France

French Hotel Industry Performance - June 2016

Regional France was able to capitalise on the Euro 2016 championship to build on the encouraging results posted at the start of the year, with all categories recording higher RevPAR at the end of the first semester. Conversely, and for too long now, there was yet more bad news for Paris in June, with hotels finishing the month and the first semester in the red – fairly significantly so, and a definite cause for concern!

In Extenso Avocats

France

AccorHotels announces leadership changes, Vivek Badrinath joins Vodafone

After nearly three years with AccorHotels as Deputy CEO, Vivek Badrinath has decided to join an international telecommunications group as head of emerging countries and the Pacific, starting mid-October 2016.

Accor

Paris, France

Kimpton® Hotels & Restaurants to Debut in the Fashion Capital of Paris

InterContinental Hotels Group (IHG), one of the world's leading hotel companies, has announced plans to open the first Kimpton® hotel in the home of European fashion and design - Paris. Situated in one of the city's most sought-after districts, near the famous Paris Opéra, the luxury hotel is set to open its doors in 2020.

IHG

Paris, France

AccorHotels General Meeting July 12, 2016: approval of FRHI transaction and new directors appointed

During the General Meeting that was held today, shareholders representing 73.13% of the total were present or represented by proxy. The shareholders of the Group approved the resolution finalizing the acquisition of FRHI Holdings Limited (FRHI) and the corresponding share capital increase reserved for the Qatar Investment Authority (QIA) and Kingdom Holding Company (KHC), as well as their representation on the Board of Directors.

Accor

Paris, France

Thierry Henry Talks Exclusively with Booking.com About the Most Important Night of His Football Career

If you buy into the adage that 90% of winning comes from how you prepare for the game, then where a soccer star sleeps the night before one of the biggest matches of his life is part of what gives a champion his competitive edge. Given the current football frenzy in France and that over a third (34%) of people who travelled for sport in the last year say they'd prioritise going to a major sporting event over their own honeymoon*, Booking.com is celebrating the special relationship between travel and sports, and the magic that comes from experiencing that perfect place to stay, by releasing new footage from an intimate conversation with Thierry Henry.

Booking.com

France