While July and August allowed the French hotel sector to get back on track after long months of lockdown, not everyone was in the same boat this summer and locally the situations are extremely contrasted. How has the pandemic affected the performance of cities in the summer of 2021? In the longer term, has it also changed the hierarchy of French cities in terms of attractiveness for hotel development?
THE REST OF THE COUNTRY AGAINST THE PARISIAN HOTEL INDUSTRY While hotels in the Province are almost back to their 2019 level of activity, with an average RevPAR of €65 this summer, Parisian hotels are still at a standstill with -56% of their pre-COVID activity. Indeed, Paris, which is dependent on...
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