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 indeed fell drastically. Therefore, the hospitality industry underwent a negative revenue growth in 2020. The revenue generated by the hospitality sector in France in April 2020 dropped by 89.4 percent compared with the same month last year.
Revenue growth in the French hospitality sector from October 2019 to July 2020
Characteristic
Turnover growth
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Insee. (December 17, 2020). Revenue growth in the French hospitality sector from October 2019 to July 2020 [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/1219104/turnover-evolution-hospitality-sector-france/
Insee. "Revenue growth in the French hospitality sector from October 2019 to July 2020." Chart. December 17, 2020. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/1219104/turnover-evolution-hospitality-sector-france/
Insee. (2020). Revenue growth in the French hospitality sector from October 2019 to July 2020. Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/1219104/turnover-evolution-hospitality-sector-france/
Insee. "Revenue Growth in The French Hospitality Sector from October 2019 to July 2020." Statista, Statista Inc., 17 Dec 2020, https://www.statista.com/statistics/1219104/turnover-evolution-hospitality-sector-france/
Insee, Revenue growth in the French hospitality sector from October 2019 to July 2020 Statista, https://www.statista.com/statistics/1219104/turnover-evolution-hospitality-sector-france/ (last visited June 18, 2024)
Revenue growth in the French hospitality sector from October 2019 to July 2020 [Graph], Insee, December 17, 2020. [Online]. Available: https://www.statista.com/statistics/1219104/turnover-evolution-hospitality-sector-france/