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France : August 2012, the crisis is felt

2 min reading time

Published on 02/10/12 - Updated on 17/03/22

Summer did not encourage business at French hotels and confirmed a steady decline in the global number of nights sold with respect to last year.

This drop, which was marginal until now, tended to increase and reached nearly 2 points between August 2011 and August 2012. This time, the ever-positive evolution of average daily rates could not make up for the drop and the final result was a decrease in the Revenue Per Available Room, RevPAR by 1...

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