Overview 2016 of French hotel industry: €900 million in lost earnings, Paris and Nice suffer

3 min reading time

Published on 03/01/17 - Updated on 17/03/22

Les invalides, Paris

Analysis of monthly evolutions, key figures: discover the first overview of fiscal year 2016 for the French hotel industry. Unsurprisingly, this year was difficult in France; business results were driven down by by results in the PACA Region and even more so in the Paris Region, where the RevPAR dropped significantly. Overall, the lost earnings for the hotel industry is no fewer than 900 millions euros nationwide (CA F&B and other included), despite good performance on other markets in the provinces.

For French hoteliers, the time has come for an overview of 2016, and, unsurprisingly, professionals had a very poor year. Throughout the country, the RevPAR (Revenue per available room) fell by 5%, under the impact of a combined drop in occupancy rate (-1.2 points) and average daily rate (-3.3%)...

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