November 2022: The French hotel industry remains balanced

3 min reading time

Published on 21/12/22 - Updated on 22/12/22

equilibre

The All Saints holidays (which ran from October 22 to November 7) combined with the extended weekend of November 11, motivated French people to move. International and business clients were also there, resulting in good levels of activity in the major French cities. Of course, the seasonality effect did not allow extraordinary performances in November, but still, the return to pre-crisis levels is close (-2.6 points in ORs only) even if some social movements in the middle of the month affected the tourism sector. And if, the dynamic between November 2022 vs. November 2019 was not as good as that seen between October 2022 and October 2019, the month's results remain good. Thanks to an average daily rates that rose 13.1%, the country was able to post RevPAR at +8.7%.

In November, the occupancy rate at the national level was 61.8% (-2.6 points relative to 2019): the budget segment is finally the one that has managed to catch up the most compared to November 2019, with a gap of only -1.1 points, while the upscale segment is still showing -7%. While occupancy rates...

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