February Hotel Occupancy Rebounds In Paris, But Not Elsewhere In France
Paris saw a rebound in revenues and occupancy, though not rate, across most hotel tiers in February, while other areas of France continued to see year-over-year declines, according to data published this week by Deloitte.
Four-star Paris hotels saw a 6.9 percent increase in occupancy and a 4.5 percent increase in revenue per available room for the month, while rates dropped 2.2 percent, according to the report. Rates at two-star hotels were down marginally, and occupancy and RevPAR increased by 5.4 percent and 4.8 percent, respectively. Three-star hotels, on the other hand, actually increased rates by 6.3 percent, though occupancy dipped 1.2 percent.
The hotel industry did not fare as well in the Ile-de-France region, outside of Paris. Most areas saw declines in both rate and occupancy, and two regions—Seine-Saint-Denis and Seine-et-Marne—saw RevPAR drop by double-digit percentages.
In the rest of France, such markets as Cannes, Lille and Marseille also saw double-digit percentage declines in revenues. Outside of Paris, the report noted, "it was a rare city in February that recorded occupancy of 50 percent or more."