November heralds a return to optimism
HOTEL INDUSTRY PERFORMANCES – NOVEMBER 2016
In all categories, occupancy grew in November: up to +10% in the Luxury segment on a country-wide level, even if this segment continued to lag in Paris. Although average rates remained down in all categories, the Luxury segment was the only one to record a fall in RevPAR (-8,7%). All other categories recorded higher performances. Given the results thus far this year, November almost looks to herald good news!
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