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Lyon, difficulties subsist despite a good start of the year

3 min reading time

Published on 05/04/05 - Updated on 17/03/22

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As France’s major cities returned to the growth track in 2004, it was a black year for Lyon’s hotels.While demand seems to be at a positive simmer at this beginning of 2005, problems of a structural nature seem tenacious

How could we imagine that in France’s second largest city, half of the 3* hotels could post an annual occupancy rate below 50%? And yet this was the case for Lyon in 2004. A very damaging over-capacity in 4* hotels largely explains this condition. These hotels are having a great deal of difficulty...

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