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Paris hotel occupancy falls after terror attacks

Hotels in Paris saw a significant drop in occupancy levels following the terrorist attacks on November 13.

According to figures from hotel data specialists STR Global, occupancy across the city dropped almost 40 per cent a week on from the tragic event, compared to the same date in 2014.

On the day of the attacks occupancy was up 7.5 per cent year-on-year, a day later levels were down 12.7%, then -22.7%, -26.1%, -29.8%, -32.6%, -31.2%, -33.6% and -39.2%.

This trend continued for the rest of the month but recovered in the final days of November and early December due to the United Nations Climate Change conference.

Some 130 people died in a series of coordinated terrorist attacks in Paris last month, including 89 at the Bataclan theatre.

Despite the drops in occupancy levels hoteliers in the French capital didn’t adjust daily room rates with prices around 10 per cent up on 2014.

The data conflicts with a recent GBTA study which found the majority of European buyers said their company’s travel within Europe has remained “largely unaffected” following the attacks.

GBTA executive director and COO Michael McCormick said: “The vast majority of travel buyers believe that it is important for business travel to continue as usual despite the recent terrorist activity.”

STRG Global obtains its figures from more than 46,000 hotels representing more than 5.3 million rooms globally. This data is sent from chain headquarters, management companies, owners and directly from independent hotels.

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