Until last February, hoteliers at La Défense were pretty down. Bad news kept coming from August 2004 to February 2005, with only the month of September showing relief for the RevPAR.
In March 2005 hotels in this neighbourhood turned over a new leaf with the first increase in the RevPAR in 6 months. Although it was certainly minimal in March – up by 0.3% – it presaged excellent months of April (+6.2% for the RevPAR) and May (+8.4% for the RevPAR). All agree: the month of May was...
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