As the COVID19 situation in France has worsened,
the country’s daily hotel occupancy plummeted to as low as 3.3% on
17 March, according to preliminary data from STR and In Extenso
Daily occupancy in the country was as high as
65.3% on 26 February and had been positioned above 30% through 12
However, a sharp downward trend began as the
number of confirmed COVID19 cases grew and the government
implemented measures to combat the spread.
STR’s most recent data
for 17 March showed that just three of 100 rooms on average were
occupied in the country.
At the market-level, Paris reached a daily
occupancy peak of 84% on 17 January, during the start of Haute
Couture Fashion Week.
The market’s daily occupancy remained above
50% as late as 3 March, however, downward movement began on 1
March, and absolute occupancy fell 97.2% year-on-year to 1.8% on
17 March amid the closure of the European Union borders to most