Deloitte - Moving the Global Travel Industry Forward (PDF Download)
A special article produced for the 2018 World Travel & Tourism Council (WTTC) Global Summit.
September saw a decline in occupancy and average rates for all categories, with all major areas in France affected. Ile-de-France, the Côte dAzur, and even Regional France, recorded lower RevPAR in all segments, with the exception of Luxury.
Hotel performances for August in Paris and, as feared, on the Côte dAzur dragged down the results for the industry as a whole, in spite of the encouraging performances recorded in Regional France and in Coastal areas.
Regional France was able to capitalise on the Euro 2016 championship to build on the encouraging results posted at the start of the year, with all categories recording higher RevPAR at the end of the first semester. Conversely, and for too long now, there was yet more bad news for Paris in June, with hotels finishing the month and the first semester in the red fairly significantly so, and a definite cause for concern!
Following a month of April when all regions recorded losses, the contrast in Mays performance from one zone to the next was striking. Unfortunately, Ile-de-France continued to pay the heavy price of the terrorist attacks of early 2015 and in Brussels.
Marchs generally positive results led us to believe there was some hope for recovery. Unfortunately, Aprils performances dropped in the majority of categories and throughout most of France. The attacks in Brussels at the end of March reminded international visitors of the ongoing security threat in this part of Europe.