This trend report analyzes hotel supply and demand in Paris from 2012-2015 based on data from April 2015. It finds that:
- Hotel supply increased slightly by 1.4% from 2014 to 2015, with most growth in the midscale segment.
- Occupancy rates, average daily rates, and revenue per available room all increased steadily from 2012-2014 in the economy segment but declined slightly in early 2015.
- The Rive Droite area saw the largest growth in hotel supply at 1.7% but all areas analyzed experienced increases in 2015 compared to 2014.
4. HOTEL DEMAND / RESULTATS HÔTELIERS
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MONTHLY STATISTICS - PARIS - ECONOMY
Results based on a sample of 238 hotels representing 22518 rooms
2012 Jan. Feb. Mar. Apr. May June July Aug Sept. Oct. Nov. Dec. 2012
Occupancy rate in % 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0
Average daily rate in EUR (VAT excl.) 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0
RevPar in EUR (VAT excl.) 42,3 42,3 42,3 42,3 42,3 42,3 42,3 42,3 42,3 42,3 42,3 42,3 42,3
2013 Jan. Feb. Mar. Apr. May June July Aug Sept. Oct. Nov. Dec. 2013
Occupancy rate in % 66,0 66,0 66,0 66,0 66,0 66,0 66,0 66,0 66,0 66,0 66,0 66,0 66,0
Average daily rate in EUR (VAT excl.) 66,2 66,2 66,2 66,2 66,2 66,2 66,2 66,2 66,2 66,2 66,2 66,2 66,2
RevPar in EUR (VAT excl.) 43,7 43,7 43,7 43,7 43,7 43,7 43,7 43,7 43,7 43,7 43,7 43,7 43,7
Change OR in points 1,0 1,0 1,0 1,0 1,0 1,0 1,0 1,0 1,0 1,0 1,0 1,0 1,0
Change ADR in % 1,8 1,8 1,8 1,8 1,8 1,8 1,8 1,8 1,8 1,8 1,8 1,8 1,8
Change RevPAR in % 3,4 3,4 3,4 3,4 3,4 3,4 3,4 3,4 3,4 3,4 3,4 3,4 3,4
2014 Jan. Feb. Mar. Apr. May June July Aug Sept. Oct. Nov. Dec. 2014
Occupancy rate in % 70,0 70,0 70,0 70,0 70,0 70,0 70,0 70,0 70,0 70,0 70,0 70,0 70,0
Average daily rate in EUR (VAT excl.) 75,0 75,0 75,0 75,0 75,0 75,0 75,0 75,0 75,0 75,0 75,0 75,0 75,0
RevPar in EUR (VAT excl.) 52,5 52,5 52,5 52,5 52,5 52,5 52,5 52,5 52,5 52,5 52,5 52,5 52,5
Change OR in points 4,0 4,0 4,0 4,0 4,0 4,0 4,0 4,0 4,0 4,0 4,0 4,0 4,0
Change ADR in % 13,3 13,3 13,3 13,3 13,3 13,3 13,3 13,3 13,3 13,3 13,3 13,3 13,3
Change RevPAR in % 20,1 20,1 20,1 20,1 20,1 20,1 20,1 20,1 20,1 20,1 20,1 20,1 20,1
2015 Jan. Feb. Mar. Apr. May June July Aug Sept. Oct. Nov. Dec. 2015
Occupancy rate in % 71,0 71,0 71,0
Average daily rate in EUR (VAT excl.) 72,0 72,0 72,0
RevPar in EUR (VAT excl.) 51,1 51,1 51,1
Change OR in points 1,0 1,0 1,0
Change ADR in % -4,0 -4,0 -4,0
Change RevPAR in % -2,6 -2,6 -2,6
Source: MKG Hospitality Database - April 2015
2012 2013 2014 YTD 2014 YTD 2015
Occupancy rate in % 65,0 66,0 70,0 70,0 71,0
Average daily rate in EUR (VAT excl.) 65,0 66,2 75,0 75,0 72,0
RevPar in EUR (VAT excl.) 42,3 43,7 52,5 52,5 51,1
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2012 2013 2014 YTD 2014 YTD 2015
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2012 2013 2014 YTD 2014 YTD 2015
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2012 2013 2014 YTD 2014 YTD 2015
RevPAR in Euro (VAT excl.)
5. HOTEL DEMAND / RESULTATS HÔTELIERS
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MONTHLY STATISTICS - PARIS - RIVE DROITE
Results based on a sample of 202 hotels representing 20791 rooms
2012 Jan. Feb. Mar. Apr. May June July Aug Sept. Oct. Nov. Dec. 2012
Occupancy rate in % 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0
Average daily rate in EUR (VAT excl.) 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0 65,0
RevPar in EUR (VAT excl.) 42,3 42,3 42,3 42,3 42,3 42,3 42,3 42,3 42,3 42,3 42,3 42,3 42,3
2013 Jan. Feb. Mar. Apr. May June July Aug Sept. Oct. Nov. Dec. 2013
Occupancy rate in % 66,0 66,0 66,0 66,0 66,0 66,0 66,0 66,0 66,0 66,0 66,0 66,0 66,0
Average daily rate in EUR (VAT excl.) 66,2 66,2 66,2 66,2 66,2 66,2 66,2 66,2 66,2 66,2 66,2 66,2 66,2
RevPar in EUR (VAT excl.) 43,7 43,7 43,7 43,7 43,7 43,7 43,7 43,7 43,7 43,7 43,7 43,7 43,7
Change OR in points 1,0 1,0 1,0 1,0 1,0 1,0 1,0 1,0 1,0 1,0 1,0 1,0 1,0
Change ADR in % 1,8 1,8 1,8 1,8 1,8 1,8 1,8 1,8 1,8 1,8 1,8 1,8 1,8
Change RevPAR in % 3,4 3,4 3,4 3,4 3,4 3,4 3,4 3,4 3,4 3,4 3,4 3,4 3,4
2014 Jan. Feb. Mar. Apr. May June July Aug Sept. Oct. Nov. Dec. 2014
Occupancy rate in % 70,0 70,0 70,0 70,0 70,0 70,0 70,0 70,0 70,0 70,0 70,0 70,0 70,0
Average daily rate in EUR (VAT excl.) 75,0 75,0 75,0 75,0 75,0 75,0 75,0 75,0 75,0 75,0 75,0 75,0 75,0
RevPar in EUR (VAT excl.) 52,5 52,5 52,5 52,5 52,5 52,5 52,5 52,5 52,5 52,5 52,5 52,5 52,5
Change OR in points 4,0 4,0 4,0 4,0 4,0 4,0 4,0 4,0 4,0 4,0 4,0 4,0 4,0
Change ADR in % 13,3 13,3 13,3 13,3 13,3 13,3 13,3 13,3 13,3 13,3 13,3 13,3 13,3
Change RevPAR in % 20,1 20,1 20,1 20,1 20,1 20,1 20,1 20,1 20,1 20,1 20,1 20,1 20,1
2015 Jan. Feb. Mar. Apr. May June July Aug Sept. Oct. Nov. Dec. 2015
Occupancy rate in % 71,0 71,0 71,0
Average daily rate in EUR (VAT excl.) 72,0 72,0 72,0
RevPar in EUR (VAT excl.) 51,1 51,1 51,1
Change OR in points 1,0 1,0 1,0
Change ADR in % -4,0 -4,0 -4,0
Change RevPAR in % -2,6 -2,6 -2,6
Source: MKG Hospitality Database - April 2015
2012 2013 2014 YTD 2014 YTD 2015
Occupancy rate in % 65,0 66,0 70,0 70,0 71,0
Average daily rate in EUR (VAT excl.) 65,0 66,2 75,0 75,0 72,0
RevPar in EUR (VAT excl.) 42,3 43,7 52,5 52,5 51,1
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2012 2013 2014 YTD 2014 YTD 2015
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6. METHODOLOGY
Conventions
This report shows hotel results at a selected destination in France. The results (Occupancy Rate, Average Daily Rate
and RevPAR), by category and by areas, are shown monthly over the last three years and also the year-to-date of
current year. Results are presented on a like-for-like basis.
Hotels are classified according to the following categories: Hard-budget, Budget, Economy, Midscale, Upscale. In
France, a new hotel classification system has changed the classification criteria from a grid of 0* to 4* into a grid of 1*
to 5*. Through the transition period, MKG Hospitality has followed the evolution of the French hotel supply on the basis
of latest references within the old classification system. The supply is established as of January 1st of each year.
Glossary
- Occupancy Rate (Taux d’occupation) : Number of sold rooms divided by number of available rooms (nombre de
chambres vendues divisé par le nombre de chambres disponibles)
- Average Daily Rate VAT excluded (Prix moyen Hors Taxes) : Room revenue divided by number of sold rooms (Chiffre
d’affaires divisé par le nombre de chambres vendues)
- RevPAR (Revenu par chambre) : Occupancy rate x average price or room revenue divided by available rooms (Taux
d’occupation x prix moyen ou chiffre d’affaires divisé par le nombre de chambres disponibles)
- Available rooms (Chambres disponibles) : Capacity x number of days of opening (Capacité x nombre de jours
d’ouverture)
- Sold rooms (Chambres vendues) : Capacity x number of days of opening x occupancy rate (Capacité x nombre de jours
x taux d’occupation)
- Room Revenue (Chiffre d’affaires) : Room revenue from the sale of guest rooms (excluding other types of revenue
such as food and beverage. etc) (Chiffre d’affaires Hébergement uniquement hors Restauration et Divers)
- Percentage change (Variation des indicateurs) : Amount of growth or decline from the same period last year
(expressed in points for Occupancy Rate and in percentage for ADR and RevPAR) (Valeur de la hausse ou de la
baisse par rapport à la même période de l’année précédente (exprimée en points pour le taux d’occupation et en pourcentage
pour le prix moyen et le RevPAR)
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