Le 20.10.23
The European hotel industry maintains its positive momentum in October
The French and European hotel industry continued to record increased RevPAR in October 2023, according to the monthly barometer conducted by EXTENDAM and its partners. October is traditionally a good month for the hotel industry, benefiting from a corporate segment present in the first half and a week of All Saints’ Day when “bleisure” destinations manage to reach full capacity, as explained by Vianney Lautrous, Asset Management Manager at EXTENDAM. With this momentum, France achieved an occupancy rate of 70% in October, showing a slight decline in activity compared to last year.