Analysis
France
Hospitality
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May 2023: the French hotel industry relies on bank holidays

2 min reading time

Published on 23/06/23 - Updated on 23/06/23

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This year, the French hotel industry benefited from a great month of May, with its many bank holidays, which had a significant impact on the performance of its indicators. The 2023 calendar was particularly favorable to extended weekends, and this was reflected in the results.

In France as a whole, the hotel industry posted a RevPAR of €86.7, 28.8% higher than before the health crisis (reference: May 2019). This rise, still driven by a clear increase in ADRs (26.5%), is also explained this month by a surpassing of May 2019 occupancy levels (+1.2 points)! In May, France...

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  • MKG Consulting Paris
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