CONTACT US
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}
hero_banner_Hospitality-OperatorBeat_France_750-480 hero_banner_OperatorBeat_France-Maps_2352x1040

Insights

REAL ESTATE "Hospitality": MARKET UPDATE Greater Paris region

The Study « Hospitality Operator Beat France » analyses the areas of interest and development perspectives of hotel industry operators in France.

Download last release

Analysis of the Hotel Real Estate Market Performance in 2023: Optimistic Perspectives of Operators

In 2023, hotel operators in France display tangible optimism regarding the opportunities present in the sector. A survey conducted by Cushman & Wakefield France's Hospitality teams, interviewing around twenty French and international hotel operators, provides valuable insights into the trends and development prospects. In this analysis, we unveil the key findings of this study, shedding light on the opportunities and challenges faced by the hotel real estate market.

Key Highlights of the Hotel Market in the First Semester of 2023:

  • Major Attractions:
    Key French metropolises such as Paris, Lyon, Bordeaux, and Nice remain hotspots for hotel operators. Additionally, coastal tourism continues to offer promising perspectives for hotel investments.
  • Development Challenges:
    Approximately 30% of ongoing projects have encountered delays or suspensions, primarily due to rising development costs and financing issues.
  • Growing Importance of ESG Criteria:
    Environmental, Social, and Governance (ESG) criteria play an increasingly crucial role in investment decisions. Indeed, 71% of surveyed operators are willing to pay higher rents for hotels with the highest ESG certifications.
  • Performance Perspectives:
    Over the next 12 months, performance perspectives remain optimistic for luxury and upscale hotels. However, economy and mid-range establishments may face less favorable returns.

This detailed analysis of the hotel real estate market in 2023 highlights the complex dynamics between growth opportunities and challenges faced by operators. By remaining attentive to emerging trends, particularly in sustainability and tourist demand, investors can better position their assets to capitalize on present market opportunities.

Simple-Image-CW_OperatorBeat_France_ShortVersion_Q1-2024

Related Insights

hero_banner_MB-Hotel-Paris_750x456.jpg
MarketBeat

Hotel property in Paris and the Ile-de-France region

Discover the analysis of the hotel real estate market in Paris and Île-de-France for the 1st half of 2024. Focus on major transactions, international investors and the outlook for 2025 in an attractive and fast-changing sector.
Bořivoj Vokřínek • 01/10/2024
Immeubles
Research • Economy

Outlook 2024 France, what can we expect in Commercial Real Estate in 2024?

2024 begins with a glimmer of hope for the French economy, after four years of major disruption linked to global health, political and economic crises. Against this complex backdrop, France is seeking to maintain its indicators despite persistent challenges, notably tensions over energy prices. The European Commission, however, has revised its estimates downwards, taking into account persistent inflation and high key interest rates. Let's take a look at the main aspects and convictions for the year ahead.
Christelle Bastard • 23/01/2024
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Cookies.
MORE OPTIONS
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS