French Hotel Markets - November 2005
November was a good month for the Parisian hotel industry. The performances of both upper and mid-scale hotels drastically improved.
The increase in RevPAR ranges from +10.8% for 2 star hotels, to +21.8% for 3 star superior hotels. As for 4 star hotels, they saw a RevPAR increase of +18.1%.
A 'giant leap' for the hotel industry in Paris, while outside Paris, the situation proves more difficult There is a very contrasting situation between the hotels in Paris and those in other parts of the country.
The hotel industry in Paris storms ahead, with a marked improvement in performances, for upscale as well as midscale hotels. In contrast, the regional hotel industry only saw slight increases in RevPAR levels, and even decreases for the upscale hotels.
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