An article by Vokya D, added on 05 November 2024 3 min. reading
In September 2024, the hotels of Grand Roissy recorded solid performances, with an overall occupancy rate of 82,2%. After the excitement of the Olympic and Paralympic Games, hotel activity stabilized, supported by rising prices and increasing occupancy, particularly in the airport area.
Hotel occupancy generally stable
With an occupancy rate of 82,2% In September, identical to last year, the hotels of Grand Roissy show a stable performance. All categories of hotels show satisfactory occupancy levels, oscillating between 79,6% for 3* establishments and 83,4% for 4*. However, a slight decline is observed for the 1/2* hotels, with a drop of 5,4 points.
The airport sector stands out, reaching an impressive 89,5% occupancy, up 3,3 points compared to 2023. On the other hand, the Villepinte/Paris Nord 2 and Allée du Verger sectors are experiencing a slight decline, with respectively -3,3 points and -2,3 points less than in September 2023.
Increased airport traffic
The number of visitors to Paris-Charles de Gaulle airport also supported the hotel sector, with 6,2 million passengers in September 2024, be one increase of 4,1% compared to September 2023. This recovery, representing 91,1% of 2019 activity, directly benefits hotels close to the airport, contributing to their record occupancy rate.
Increase in average price and RevPAR
The average price of hotels in Grand Roissy reaches €133,7 excluding tax in September 2024, marking an increase of 15,3% compared to the previous year. This increase affects all categories, with an increase ranging from 8,4% for 3* hotels to 17,6% for 4* and RT 5* hotels.
By sector, Average prices vary from €110 excluding tax for hotels in Villepinte/Paris Nord 2 to €155,2 excluding tax for those in the airport area. The combination of increased occupancy and average price allows RevPAR to progress significantly, reaching €109,9 excluding VAT in September 2024, an increase of 15,5% compared to 2023.
RevPAR shows varied growth, with +4,6% for 1/2* hotels and +19,9% for 4*. The airport sector shows the highest RevPAR, at €138,9 excluding VAT, representing an increase of 16,8% compared to the previous year.
Cumulative results January-September 2024: a promising year
Over the period from January to September 2024, the average occupancy rate of Grand Roissy hotels remains stable at 74,6%, equivalent to that of the same period in 2023. However, the other indicators are progressing: the cumulative average price reached €122 excluding VAT, up 21,1%, and the RevPAR stands at €91 excluding VAT, recording an increase of 22,3% compared to last year.
In conclusion, the September 2024 performance confirms the resilience and dynamism of the Grand Roissy hotel sector, which is benefiting from an increase in prices and attendance, in particular thanks to the attractiveness of the airport area. These promising results suggest a favorable end of the year for the sector.
This observatory was set up by the Grand Roissy Tourist Office in partnership with MKG.
