The first month of total lockdown following the Covid 19 pandemic will have been costly for hoteliers based in France. They are no different from their European neighbours, with extremely low or even zero performance in specific segments.
After a month of March in which RevPAR was down -66.2%, April 2020 shows -96.5% RevPAR compared to April 2019. A vertiginous fall which positions the income per available room at 2.20€ HT for a OR at 4.4%. It is the budget properties that are the least badly off with an OR at 9.4%, -61.1 points...
This content is for subscribers only. You have 80% left to discover.
Every week, the HON team brings you an expert look at the world of hospitality.
By becoming a member, you will have access to a complete ecosystem: exclusive content, jobs, etc.BECOME A MEMBER