After a burst of activity in April, growth in hotel activity is slowing in the first fine days of the year. French hoteliers have lost a little clientele with respect to last year, with an OR down -1.2 points with respect to May 2018, and by -0.1 pt since the beginning of 2019 (YTD). The ADR, meanwhile, increased slightly (+1.6%) to reach 98.40€ ex-VAT throughout France, but that was not enough to increase the RevPAR which is 67.30€ ex-VAT, representing a -0.1% drop.
First of all, the entry range caused the occupancy rate to go down significantly overall. The budget segment lost -2.3 points this month, to see its OR drop from 67.4% in May 2018 to 65.2% in May 2019. The economy segment posted results that were only slightly better: -1.3 points OR. In both cases...
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