Author: Stéphane Lacroix (Stéphane Lacroix)

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luxury hospitality paris

PARIS: Average price difference of 700 euros in the Palace category in Paris, a confusing distinction?

Between 2010 and 2020, the face of the luxury market in Paris fundamentally changed. In 2010, the small group of the most exclusive hotels in Paris had relatively uniform performance. The difference in REVPAR between the first and last hotels in the sample was barely a hundred euros. Between 2010 and 2019, openings and renovation projects doubled the number of rooms and marked a renewal in the history of luxury hotels in Paris.