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June 2024: the French hotel industry looks grim

5 min reading time

Published on 22/07/24 - Updated on 23/10/24

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Just as the weather has been mixed during this first month of summer, the French hotel industry is not in the best of health. The political instability in France following the results of the European elections seems to have slowed the recovery that began in May. The country's performance is back in the red as it prepares to host the Olympic and Paralympic Games the following month. Only a few regions, including Normandy, Provence-Alpes-Côte-d'Azur and Auvergne-Rhône-Alpes, have escaped this downward trend.

While occupancy was only down by 0.4 points last month, the indicator is down again this June, with a nationwide drop of -4.6 points compared to 2023. However, the French hotel industry posted a higher occupancy rate than in May, 74.7% compared with 69.3%. However, this figure is still somewhat...

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