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Airbnb gives Paris luxury hoteliers a fright

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The Bristol suffered a 20% drop in revenue in the first half of this year and an occupancy rate that fell to 61.2% from 69.2.

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The Plaza Athenee cut its prices by 20% cent last winter.

Paris

NOWHERE in the world has more accommodation available on Airbnb than Paris. Now the home-sharing website that has transformed budget travel to the French capital is giving its super-deluxe hotels a fright too.

"The Paris market is going to get very difficult," said Didier le

sentifi.com

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