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Tourism residences: a threat to the hotel industry?

8 min reading time

Published on 13/09/04 - Updated on 17/03/22

A relatively recent phenomenon in France and Europe, tourism residences have the wind in their sails. Although they represented less than 10% of the supply of nights, their development receives support from groups that are developing their structure and going international. Tax breaks and lighter regulations stimulate investors, making hoteliers fear the rise of a new competitor, which is sometimes considered disloyal.

In France, the concept of tourism residences appeared with the arrival of winter sports resorts, managed by private operators. This happened twenty years ago. Even if the idea of a “ready-to-live” lodging schemes has become a commonplace commodity, these residences continue to represent only 5 to 10...

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