Le 18.12.23
2023 confirms the strength and growth of the hotel industry according to the EXTENDAM barometer

The months pass and the trend continues for the European hotel industry! Despite a slightly lower occupancy rate compared to the European average, the RevPAR of French hotels continued to grow in November, rising by 4 points compared to November 2022 levels, itself up 20% compared to 2019. These results reinforce the outperformance of previous months and herald a 2023 year with historic trends. In Europe, activity is very dynamic with an occupancy rate on the rise (71%, +3 points).

 

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