The hospitality sector in France experienced an economic slowdown due to the pandemic crisis caused by the COVID-19 virus. Owing to travel restrictions decided by governments worldwide, the occupancy in French hotels fell drastically. In that respect, prices and revenue in the hospitality industry underwent a negative growth in 2020. According to the source, Île-de-France was the French region where the hotel industry was the most affected, recording a RevPAR loss of 72.8 percent and a decrease of nearly 24 percent in the average price for one hotel overnight stay.
Change in the overnight stay average price and revenue per available room (RevPAR) of hotels in France in 2020, by region
Characteristic
Average price for one overnight stay
RevPAR
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Hospitality-ON. (January 19, 2021). Change in the overnight stay average price and revenue per available room (RevPAR) of hotels in France in 2020, by region [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1257556/hotel-overnight-stay-price-revpar-change-france/
Hospitality-ON. "Change in the overnight stay average price and revenue per available room (RevPAR) of hotels in France in 2020, by region." Chart. January 19, 2021. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1257556/hotel-overnight-stay-price-revpar-change-france/
Hospitality-ON. (2021). Change in the overnight stay average price and revenue per available room (RevPAR) of hotels in France in 2020, by region. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1257556/hotel-overnight-stay-price-revpar-change-france/
Hospitality-ON. "Change in The Overnight Stay Average Price and Revenue per Available Room (Revpar) of Hotels in France in 2020, by Region." Statista, Statista Inc., 19 Jan 2021, https://www.statista.com/statistics/1257556/hotel-overnight-stay-price-revpar-change-france/
Hospitality-ON, Change in the overnight stay average price and revenue per available room (RevPAR) of hotels in France in 2020, by region Statista, https://www.statista.com/statistics/1257556/hotel-overnight-stay-price-revpar-change-france/ (last visited August 24, 2024)
Change in the overnight stay average price and revenue per available room (RevPAR) of hotels in France in 2020, by region [Graph], Hospitality-ON, January 19, 2021. [Online]. Available: https://www.statista.com/statistics/1257556/hotel-overnight-stay-price-revpar-change-france/