Click on the following links for our different city focuses and Top Cities:

The Top French cities for hotel markets 

#1 Paris

#1.5 Grand Paris

And now ..... #2 Nice!

The figures:

Key hospitality figures: (Source: MKG Consulting observatory / OK_destination)

Key tourism figure: (sources: INSEE/ OTCP / AirDna )

Note: The number of hotels is provided by INSEE that includes only "classified tourist hotels". The number of hotels given is for 2019. MKG figures will be provided in due time.

Key macroeconomic figures: (Source: INSEE, consortium immobilier)

Analysis of the figures 

2018 was a great year for Nice, where occupancy rates are back to pre-terrorist attack levels. A drop in prices has enabled the occupancy rate to rise by 7 points, a real recovery that limits the decline in RevPAR. Especially since the market is stable with the number of competitors equal or even slightly down and the room supply around 9,000 for several years. On the other hand, demand is increasing, with an increase in arrivals at the airport, an increase in the number of overnight stays between 2016 and 2017..... And the OR is up even as the number of Airbnbs has exploded and is approaching number of rooms: 7,276 Airbnb listings vs 9,377 hotel rooms. The supply is almost stable, demand is rising, prices are attractive: it was a good year for Nice.

The effects of seasonality need to be qualified. Key figures for tourism in the Côte d'Azur, published by the tourism observatory on the coast (affiliated with the Côte d'Azur France regional brand, itself linked to the Regional Tourism Council), show 6 out of 10 nights in the summer. Of course, the figure is very high, but it concerns the entire coast and all types of accommodations. And this figure of...