The green shoots of recovery are there
HOTEL INDUSTRY PERFORMANCES – JANUARY 2017
Since the end of 2016, tourist demand has begun to recover in France, with January confirming the trend. Tourist demand was supported by Regional France and Ile-de-France, with encouraging results observed on the Midscale and Upscale markets. Hotels on the Côte d’Azur were the only ones to experience a decline in RevPAR in January.
In January 2017, the French hotel industry generally recorded positive RevPAR growth in all categories – from +4% on the Super-budget market to +10°% on the Midscale market. These results were primarily down to Regional France and the Paris region, with the Côte d’Azur being the only destination to post a decline in RevPAR. On a country-wide scale, the Midscale and Upscale markets recorded the most encouraging performances.
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