France’s plunge into troubled waters continues. And once again it can to thank the calendar. The shift of Easter holidays to April lessened the damage... but certainly did not stop the fall. The national RevPAR shows a new double-digit drop by XX%. France’s major cities are experiencing a preoccupying phenomenon as they gradually join the downward movement that began in Paris. Until April, the hotel industry in the provinces could still let it slide with respect to the capital, starting with Strasbourg and Lille which had a successful beginning to the year. But the difference is shrinking. In Paris, the drop in the RevPAR may be explained by a clear drop in average rates due to major competition. In the provinces, and to a certain extent in the Ile-de-France, demand is lacking. At a time when niches are showing 5 to 9 point drops in occupancy, France’s economy segment continues to increase its average rates. But for how much longer? This situation will be very difficult to maintain in the months to come.