Le 18.10.23
A positive back-to-school season for the hotel industry, according to EXTENDAM barometer!

Following a bright summer, the hotel markets have fully stabilized with a dynamic back-to-school season marked by an increase in RevPAR and consistently strong activity levels in September.

 

In Paris region, the month closed with an occupancy rate of 78% compared to 80% in 2022. In regional areas, the occupancy rate stands at 75% (+1% compared to September 2022). The activity of regional metropolises is being boosted by the Rugby World Cup: Saint-Étienne sees a 7-point increase in occupancy, while Lille and Lyon have increased by 3 points compared to the previous year. In line with this trend, the European occupancy rate reaches 79%, marking a 2-point increase compared to 2022.

 

This barometer was conducted by EXTENDAM and its partners MKG Consulting, Groupe SNCF, D-EDGE Hospitality Solutions, E-AXESS, CDS Groupe, Flightradar24, Deutsche Bank, and BNP Paribas Real Estate.

 

Find the results of the European hotel industry barometer on Business Immo