July was affected by the “Ramadan Effect”

2 min reading time

Published on 05/09/13 - Updated on 17/03/22

Westin Hotel Paris

French hotel performance in July can be deceiving, with a 3% drop in RevPAR, the result of a moderate decline in occupancy rates (-0.3 point) and a more pronounced recoil in average daily prices (-2.6%).

French hotel performance in July can be deceiving, with a 3% drop in RevPAR, the result of a moderate decline in occupancy rates (-0.3 point) and a more pronounced recoil in average daily prices (-2.6%). But the situation must quickly be put in perspective, as it was strongly impacted by a heavy...

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