"French Accommodation Industry Outlook to 2016: Market Profile" - New Market Report
The French hotel industry recorded 3,400 hotel closures during the last 15 years and more are expected over the forecast period. Most of the closures were in the independent budget category, which were not able to cope up with declining levels of demand due to the recession and marketing costs. Tax incentives are a strong stimulus for investments in the hotel industry, especially in urban areas, as they have the benefit of being less seasonal. Operators such as Accor, Park...
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