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March 2013, a serious cold-snap on French hotel activity

2 min reading time

Published on 23/04/13 - Updated on 17/03/22

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The upturn in February, due to occasional events, was short-lived and performance trends of French hospitality have turned towards the red for the month of March. The shift from school vacations and winter weather do not explain everything.

After having resisted the decrease in household purchasing power and budgetary restrictions in companies over several months, as well as pressure on distribution systems, average prices end up dropping off. Showing a decline of almost 3% over the entire period, they merely reflect a significant...

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