Change in hotel overnight stay average price and RevPAR in France 2020, by region
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.
