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Hospitality Industry Trends |
Thursday January 8th, 2009 |
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France September 2008 Results: September 2008: One year after the Rugby World Cup: Expected drops In the Revenue per available rooms but concerns remain for the future. |
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The Revenue per available room of French chain hotels shows in September 2008 a drop of 3.8%. This expected result is attributed to a remarkable September 2007. More particularly Paris suffered from the absence of the Rugby World Cup this year. On a national level, the global occupancy rate dropped by 3.4 points. Whereas, economic hotels are proving their ability to resist, the upscale category is more affected with a drop of its occupancy and average daily rates. |
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