Analysis
France
Europe
Trends

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2004, a transition year, allows for optimism

4 min reading time

Published on 03/01/05 - Updated on 17/03/22

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November 2004 continues along the road to recovery, with a RevPAR up by 2.1%. Occupancy rates are stable with respect to the previous year (+0.1 points), with progression mostly coming from growth in average daily rates (+1.9%).

After a year 2003 that was difficult for the French hotel industry, which, in addition to the drop in international clientele observed since 2001, had to face up a decline in national growth, the year 2004 is closing on a more positive note. The monthly RevPAR is up by 2.1% with positive evolutions...

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