November 2023: the French hospitality industry takes advantage of the wings of the season

November 2023: the French hospitality industry takes advantage of the wings of the season

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Released on 21/12/23 – Updated on 21/12/23

Novembre 2023 France

The All Saints’ Day vacations, which ranged from 21 October to 6 November, motivated lots of French individuals to arrange vacations in France. International visitors were likewise eager to find France in the run-up to the joyful season. These are all chances that have actually made it possible for hoteliers as an entire to tape excellent efficiencies, although city locations are exceeding backwoods. In contrast to the previous month, hoteliers in the north and east of France are doing especially well, while hotels in the south are less resilient.

While the nationwide tenancy rate stands at 62.7%, a great efficiency for all hoteliers, it stays listed below the levels of previous years. This rate is -0.2 points lower than in 2022 and -3.2 points lower than in 2019. France published a RevPAR of EUR68.9, up 4.7% on 2022 and 13% on 2019 …

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