An article by Chloé, added on January 02, 2023 5 min. reading

In the same spirit as last month, the hotel portfolio of Greater Roissy maintained satisfactory performance levels at the end of November 2022. All time slots combined, the hotels in Greater Roissy show an overall occupancy rate of 63,9%, an increase of 18,5 points compared to November 2021.

Holding MICE events and recovering air traffic has been beneficial

The sector will have benefited in particular from the holding of MICE events at the Parc des Expositions in Villepinte, including: the SIMA Mondial trade show for agricultural and livestock suppliers, which was held from November 6 to 10, 2022. Nearly 153 professional admissions were recorded, 000% international. In addition, there is also the ALL18PACK Emballage Paris show, which was held from November 4 to 21, 24. During the 2022 edition, nearly 2022 professionals were listed, 45% of whom were international, for nearly 000 exhibitors. Despite lower attendance compared to last edition, the economic benefits were significant.

The strong recovery in air traffic will also have been beneficial for the hotels of Grand Roissy. The latter is up by 1,4 million passengers in November 2022, i.e. total traffic of 4,7 million passengers. After a very satisfactory month of October, the month of November did not budge, posting a high monthly recovery rate, i.e. 83,6% of traffic in 2019; the highest recorded since the start of the health crisis.

Hotel performance by hotel category

To the details of the performances recorded to November 2022, super-budget hotels (1* and 2*) demonstrated once again that it has everything it needs to recover from a crisis. Its resilience capacity stands out through an occupancy rate of around 81,3%, i.e. 14,3 additional points compared to November 2021. Budget hotels (3*) and the mid-range market (4*) and tourist residences (5*) show attendance levels of 52,3% and 57,7% respectively; levels which nevertheless remain significantly higher than those achieved last year (i.e. +21,9 points for the economy segment and +16,2 points for the mid-range segment (4*) and tourist residences (5*) ).

With rising average price levels across all sectors; i.e. an overall increase of nearly €16, hoteliers manage to recover a satisfactory RevPAR compared to the N-1 period, which translates into a recovery in turnover per room of approximately €750. The joint increase in the occupancy rate as well as the average price for the entire hotel portfolio of Grand Roissy makes it possible to reach a RevPAR of €61,7 excluding tax, i.e. a performance 1,7 times higher compared to November 2021. The dynamic takeover of Grand Roissy hotels is more evident in view of the total from January to November 2022, with an overall recovery of 32,7 points on the occupancy rate and +€21,2 on the average price; thus leading to an increase of nearly €39 in RevPAR. This finding translates into a recovery in turnover per room of approximately €13 on average, over the period, i.e. more than 2,6 times its level at N-1 accumulation.

Hotel figures for the three sectors of Grand Roissy

With regard to performance by sector to November 2022, once again the airport zone stands out with levels that are significantly higher than the two other sectors, namely Allée du Verger and Villepinte/Paris Nord 2, taking full advantage of the strong recovery in air traffic.

  • The airport sector is in the lead, with an occupancy rate of 69,7%, an increase of 20,6 points compared to November 2021, as well as an average price higher by €13 compared to the period. N-1 (€108,8 excluding tax).
  • Benefiting from the holding of large-scale MICE events in Villepinte, the Villepinte/Paris Nord 2 sector was able to take advantage of growth in demand, thus ending the month of November 2022 with an occupancy of 52,8% (i.e. a gain of 14,8 points versus N-1).
  • It should be noted that with respect to the recovery dynamics, the Allée du Verger sector posted greater movements on all of its performance indicators. In particular, it testifies to a recovery in the occupancy rate similar to the airport zone, closely linked to the dynamism generated by the various movements of leisure and business travellers; i.e. +20,7 points compared to the period (60,2%). The same is true for the average price, with almost an additional €17, i.e. an increase of +24,3%. The generated RevPAR therefore reached an increase of around +90% compared to November 2022.

To find the full report for November 2022, click here.

This observatory was set up by the Grand Roissy Tourist Office in partnership with MKG.