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Paris hotels suffer 30 percent occupancy drop

Profile Photo By: Steve Shellum
November 27, 2015

Paris hotels suffer 30 percent occupancy drop

STR GlobalOccupancy rates at some Paris hotels have plunged by more than 30 percent in the days since the November 13 attacks, according STR Global, which tracks hotel industry data.
Compared with the same dates in 2014, occupancy rates were 39 percent lower last Saturday and 33 percent lower on Sunday, the two most recent days in the STR report.
Restaurants, small shops, department stores and tourist sites have also been affected. The French government said after a Cabinet meeting on Wednesday that businesses that had suffered a financial hit could get extensions on tax and loan payments as a means of softening the blow.
France is among the world?s top tourist destinations. Several museums in Paris closed in the days after the attacks.

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