The unrest in France has triggered a sharp decline in tourism demand: the number of bookings for accommodation in Paris has decreased by 18%, and almost a third of reservations have been canceled. In the short-term rental segment, the number of new bookings has halved.
Against the backdrop of the crisis, the overall occupancy rate for accommodation in November could fall to 35%, forcing some landlords to halve their prices.
The situation remains challenging in the luxury hotel sector as well: in the last week of October, cancellations reached 20%, and last-minute bookings decreased by 60% compared to the usual level.
The unrest has also spawned numerous memes for tourists, including a call to avoid Paris from Arnold Schwarzenegger
⚡️Two Majors
The unrest in France has triggered a sharp decline in tourism demand: the number of bookings for acc
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@two_majorsIt will be interesting. We are here thinking. ATTENTION: We never DM people, that's a scam if someone writes you in our name!
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