November 2013: No vacation for French hospitality

MKG Hospitality exclusively reveals the first trends of November 2013. After a lackluster October, French hotel indicators are again rising, thanks in particular to All Saints’ vacations.

MKG Hospitality exclusively reveals the very first trends of French hotel activity in November 2013. After a lackluster October, hotel industry indicators are again rising in France, thanks in particular to All Saints' vacations. The calendar of school vacations that was unfavorable to the hotel sector in October naturally had an inverse effect in November, sustaining business activity for French professionals. This year, All Saints' vacations extended mainly over the month of October, from the 19th of October to the 4th of November, contrary to 2012 when they took place from October 27th to November 12th.

French hoteliers were thus able to improve their business indicators, particularly in inter-city Paris where they showed 4.3% progress in turnover, due to the strength of their average daily rates. This improvement was more moderated in other French regions, with a 1% increase in turnover, principally due to activity in the Ile-de-France (outside of Paris).

The good performance of the French hotel sector's activity indicators in November suggest stability in these figures over the whole of the 2013 year, during which monthly performances resembled a corrugated sheet with their ebbs and flows.

MKG Hospitality's monthly estimates are calculated based on daily results from a sample of participants in a daily performance program - Hotelcompset Daily®. The final results will be published next month. This information is from the full French market performance report published by MKG Hospitality every month. For more information, contact MKG Hospitality (welcome@mkg-group.com -Vanguélis Panayotis).